Supply and Demand Fears Continue to Drag Oil Prices Lower
Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating…
Oil Slumps To Five-Month Low On Market Fears Of Impending Oversupply
A floating production storage and offloading or “FPSO” vessel around 250km off the coast of Angola in the…
Oil Sees Steepest Weekly Slump In Over 3 Months Ahead Of OPEC+ Meeting
Oil worker in the Nihran Bin Omar field north of Basra, Iraq. (Photo: Nabil al-Jurani) Copyright 2017 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…
Oil Sinks as Slew of Weak US Economic Data Revives Demand Fears
(Bloomberg) — Oil sank as the outlook for the world’s largest economy darkened after a barrage of poor…
What to Watch in Oil Markets This Week
Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff…
OPEC says world economy may do better in second half of year
By Alex Lawler LONDON (Reuters) -OPEC said the global economy may perform better than expected in the second…
Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus
Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) said the global market…
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,…