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 0 109

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 92

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 93

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 94

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 0 109

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 0 118

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 95

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 0 126

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 0 111

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 97