Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the…
China’s Industrial Profits Shrink 1.7% as State Firms Falter
China’s industrial sector remains under pressure, as total profits among large-scale industrial enterprises slid 1.7% year-over-year in the…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
OPEC+ supply increase necessary for global market, Middle East officials say
(Bloomberg) – Senior officials from three of OPEC’s core producer nations — Saudi Arabia, the United Arab Emirates,…