Trade tensions, soaring U.S. stockpiles send crude oil prices plunging Seeking AlphaCrude oil prices are on pace for their biggest daily and weekly declines in six months as rising U.S.-China trade tensions dampen the global demand outlook. Read …
Oil Extends Losses RigzoneOil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch. Read more https://www.rigzone.com/news/wire/oil_extends_losses-23-may-2019-158896-article/
Oil Suffers Worst Day of 2019 as Trade Dispute Swamps Confidence BloombergOil spiraled to its worst daily performance of the year as mounting trade tensions between the world's biggest economies sent investors fleeing from risky assets. Read mor …
Oil Drops Sharply as Glut Fears Return The Wall Street Journal—Oil prices fell sharply Wednesday after U.S. oil inventories rose to their highest level since July 2017 and domestic oil production neared a record, sparking ... Read more https://w …
Oil Drops Sharply as Glut Fears Return Wall Street Journal—Oil prices fell sharply Wednesday after U.S. oil inventories rose to their highest level since July 2017 and domestic oil production neared a record, sparking ... Read more https://www.w …