タグ - oil supply glut

Oil nosedives to $46. Worries about economy collide with supply glut  CNNThe bear market in oil keeps getting worse as worries about global growth and a supply glut ratchet higher. Read more https://www.cnn.com/2018/12/18/business/oil-prices-belo
Admin 19.12.2018 0 70

The NationalCan OPEC+ Halt The Oil Price Slide?OilPrice.comOil prices continue to plumb new depths, but some analysts think the selloff has gone too far. Brent prices fell to $62 per barrel by mid-week, hitting nearly a one-year low. The bearish narrative
Admin 26.11.2018 0 69

Wall Street JournalOil Approaches Six-Week HighWall Street JournalOil prices climbed to the highest levels in weeks on Thursday, boosted by a larger-than-expected decline in U.S. petroleum stockpiles. West Texas Intermediate futures rose 1.1% to $70.25 a b
Admin 31.08.2018 0 72

CNNMoneyOil prices enter bear market as supply glut fears returnCNNMoneyOPEC's strategy of flooding the world with excess oil caused crude to crash as low as $26 a barrel in February 2016. Dozens of U.S. shale producers filed for bankruptcy. But shale
Admin 21.06.2017 0 72

Energy sector faces worst daily drop in 3 months as oil prices tumbleMarketWatchA popular fund tracking the energy sector on Wednesday was on pace for its steepest one-day slide in more than three months after crude-oil futures sank on the heels of a repor
Admin 15.06.2017 0 105

Oil prices extend losses as EIA reports smaller-than-expected fall in US crude suppliesMarketWatchOil prices extended earlier losses Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 1.7 millio
Admin 14.06.2017 0 90

Wall Street Journal (subscription)Saudis Cut Oil Exports to US to Ease Global GlutWall Street Journal (subscription)Saudi Arabia is slashing its U.S. oil exports to a nearly three-decade low for this time of the year, intensifying its efforts to reduce a g
Admin 14.06.2017 0 75

Oil Prices Hit Three-Week HighWall Street Journal (subscription)Oil prices settled at a three-week high on Thursday as investors weighed declining crude stockpiles in the U.S. against signs of a broader oversupplied market. Light, sweet crude for June deli
Admin 19.05.2017 0 80

Oil Prices Turn Lower Amid Supply ConcernsWall Street Journal (subscription)Crude futures turned lower Monday, succumbing to pressure from waning faith that major producers will be successful in their bid to reduce high global inventories. Prices were init
Admin 09.05.2017 0 83

Oil Prices Rebound After Sharp LossesWall Street Journal (subscription)Crude futures flipped from losses to gains on Monday following sharp declines last week amid expectations that major producers will cut their supplies for longer in a bid to reduce high
Admin 08.05.2017 0 76