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ReutersOil bounces back from losses prompted by US fuel stocksReutersPVM Oil Associates also said in a note that “the weekly data was not as bad as it seems at first sight.” “Current (stock) levels are nearly 7 percent below last year and the surplus to th
Admin 07.12.2017 0 81

ReutersOPEC, Russia head for oil cut extension but wary of overheating marketReutersRussia needs much lower oil prices to balance its budget than OPEC's leader Saudi Arabia, which is preparing a stock market listing for national energy champion Aramco
Admin 30.11.2017 0 72

ReutersOPEC, Russia head for oil cut extension but wary of overheating ...ReutersOPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signaling that they may review the deal when they meet again in June if the market ov
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BNNGlobal oil demand to withstand rise of electric vehicles: IEABNNLONDON - Global oil demand will fall only modestly alongside the expected rise in electric vehicles over the next two decades, with consumption in petrochemicals and other transportation st
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CNBCOil falls 2 percent on rising US output, global demand concernReuters“The IEA slashing its oil demand growth forecast for this year and the next has dampened some of the bullish sentiment prevailing in the market,” Abhishek Kumar, Senior Energy Analyst
Admin 14.11.2017 0 45

ReutersOil steady, tempered by caution over rising US outputReutersThis sentiment comes in part on the back of rising U.S. oil output C-OUT-T-EIA, which has grown by more than 14 percent since mid-2016 to a record 9.62 million barrels per day (bpd). The U.
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CNBCOil falls for third day, knocked by rising US outputReuters“The recent price support, namely the tension in the Middle East, has been swept aside as rising rig counts and U.S. shale output (are) in the focus of traders,” PVM Oil Associates analyst Tama
Admin 14.11.2017 0 46

Financial TimesUS oil floated on cheap moneyFinancial TimesHow much has the US oil industry been inflated, crushed and generally distorted by the Federal Reserve's monetary force-feeding over the past nine years? According to my probing along the stage
Admin 29.10.2017 0 57

BloombergOil up 2 percent, Brent hits $60 per barrel on support for extending curbsReutersNEW YORK (Reuters) - Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world's top
Admin 28.10.2017 0 80

ReutersBrent crude oil edges away from key $60 thresholdReutersSaudi Arabia's Crown Prince Mohammad bin Salman told Reuters on Thursday the kingdom would support extending the output cut in a bid to stabilize oil demand and supply. “If OPEC and their n
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