タグ - supply glut

U.S. Stocks Fluctuate After Fed Day; Oil Drops: Markets Wrap  BloombergU.S. equities fluctuated Thursday as markets digested the Federal Reserve's decision a day earlier. European and Asian shares also fell, the dollar slumped ... Read more https
Admin 20.12.2018 0 96

Saudi Budget's Estimate for Oil Is Seen as ‘Wishful Thinking’  Houston Chronicle Some analysts say Saudi Arabia's 2019 revenue forecast is surprising because they estimate it to be based on a relatively high price of oil. Read more https://www.ho
Admin 19.12.2018 0 82

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 81

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 81

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 0 101

Wall Street Journal (subscription)OPEC's Efforts Pay Off: Oil Is Back in Bull MarketWall Street Journal (subscription)U.S. oil prices returned to bull-market territory while the global benchmark hit a two-year high, as investors gained faith that OPEC
Admin 26.09.2017 0 99

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 84

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 0 115

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 0 103

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 88