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Business InsiderHistory could be repeating itself in the oil marketBusiness InsiderThe reason why the oil market might suffer from a renewed glut largely comes down to soaring U.S. shale production. In the three-month period ending in November, the U.S. ad
Admin 15.02.2018 0 72

The Globe and MailOil Prices Recover After Small Crude Inventory BuildOilPrice.comThis is true of grades such as North Sea Forties, and Russian Urals—and in fuels, Atlantic diesel—as refineries seem to be reluctant to take advantage of lower prices and boo
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ReutersOil rebounds after US inventory figures, Saudi commentsReuters[USD/] Oil tends to move in the opposite direction of the dollar, and has been trading in tandem with risk assets like stocks of late. However, the market recovered after the Saudi oil mi
Admin 14.02.2018 0 87

ReutersOil slides after US data shows inflation pressure buildingReuters“With yields moving higher on the inflation number, let us see how equities will close the day,” he said, adding U.S. oil inventory data would also be closely watched. The U.S. Energy
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ReutersPhysical oil market sends warning to OPEC: Rout might not be overReutersTraditionally, when oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence more attractive to refiners. But in recent weeks
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ReutersRising US supply knocks oil prices for a third dayReutersIt's to be expected,” Natixis oil analyst Joel Hancock said. “People are seeing this seasonal weakness in the U.S. as an expectation that perhaps demand growth will be slower,” he said, ad
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ReutersOil dips on looming oversupply; weak dollar, economic growth provide some supportReutersU.S. crude is also increasingly appearing on global markets, and more is set to come as the Louisiana Offshore Oil Port starts testing supertankers for exports.
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Chron.comEven with oil record in sight, Texas energy workforce still at seven-year lowChron.comThe Texas oil industry's attempt to do more with less may have left the state's oil and gas workforce permanently smaller. Since crude prices collapsed m
Admin 30.01.2018 0 64

ReutersOil dips but still set for strongest January in five yearsReutersSupport for crude prices has also come from a large premium in the front-month Brent oil contract over those for future delivery, as investment in crude futures and options reached a n
Admin 29.01.2018 0 73

Reuters UKOil dips as US output rises, still set for strongest January in five yearsReuters UKA falling dollar tends to help support the price of oil and coupled with a large premium in the front-month Brent oil contract over those for future delivery, inv
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