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ReutersOil near mid-2015 highs on strong China data, tighter 2018 outlookReutersChina's oil thirst has also led to a 3 percent monthly drawdown in its crude inventories in November, to 26.15 million tonnes, the lowest level in seven years, according to
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Shale oil production in southern US reaches record high in 2017XinhuaHOUSTON, Dec. 27 (Xinhua) -- Shale oil production in southern U.S. states hit a record of 815 million barrels in 2017, according to the business research firm IHS Markit. IHS Markit said
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ReutersOil prices near 2015 highs on tight marketReutersPipeline outages in Libya and the North Sea have also been supporting oil prices. “Given the much stronger price response to supply disruptions in the wake of OPEC supply cuts, the market is poised to
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ReutersOil falls from 2015 highs as rally faltersReutersOn Tuesday, Libya lost around 90,000 barrels per day (bpd) of crude oil supplies after a pipeline feeding Es Sider port was blown up. Repairs could take a week but will not have a major impact on expo
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ReutersOil falls from 2015 highs as rally falters - ReutersReutersOil prices dipped on Wednesday, as a rally ran out of momentum a session after crude hit a near 2-1/2-year high on supply outages in Libya and the North Sea.Oil near mid-2015 highs on strong
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ReutersOil falls from 2015 highs as rally runs out of steamReutersOn Tuesday, Libya lost around 90,000 barrels per day (bpd) of crude oil supplies from a blast on a pipeline feeding Es Sider port. That added to supply disruptions of recent weeks, which als
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ReutersOil remains near 2015 highs on tight market outlookReutersData from the U.S. Energy Information Administration (EIA) shows that following rampant oversupply in 2015, global oil markets gradually came into balance by 2016 and started to show a slight
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ReutersOil prices slip away from 2015 highs, but market remains tightReutersPrice pressure also rose after Saudi Arabia released its 2018 state budget on Tuesday, the largest in the kingdom's history, which was seen as an indicator that the world's
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ReutersOil rises on Libyan pipeline blast, Forties restart weighsReutersTrading activity was thin due to the Christmas holiday in many countries. Oil turned positive following the explosion at the Libyan pipeline, which feeds the Es Sider terminal. It was
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Crude Oil Holding Near HighsSeeking AlphaIn early December, the prices of many industrial commodities were moving lower. Copper, one of the most significant raw materials, slipped below the $3 per pound level for the first time since early October. Other n
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