WTI crude futures fell to $ 55.82 from 9:41 AM ET, down $ 1.45, while 33 8833 | Brent} was […]
Tag: inventories
Oil prices climb amid fears of supply risk
The attacks destroyed about half of Saudi crude production and severely limited the country’s reserve capacity, a boon to oil […]
A real standoff from Saudi Arabia’s oil disruption
“Many barrels arriving in October were already over water, so the hole would appear in late October,” said a senior […]
The oil market seized with uncertainty over lost Saudi production
The attacks, which damaged one of the Saudi flag fields and a key processing complex, triggered one of the wildest […]
OPEC cuts oil demand forecast for 2020
On Wednesday, Opec downgraded its forecasts of rising world demand for oil in 2020 due to economic slowdown, a group […]
Oil rally continues as fall of 4.8M inventory
Oil inventories fell by 4.77 million barrels last week at least, according to the Energy Information Administration. Analysts forecast inventories […]
Increased natural gas in Europe
Inventories are close to capacity week earlier than usual and have been inundated with more stock coming from both tankers […]
Concern for US economy leads to falling oil prices
Three days after San Francisco Federal Reserve President Mary Daly made a note of concern about the strength of the […]
Oil prices fall after intervention in crude inventories
Oil prices gained support earlier in the day and gained more than 1% earlier in the day after data from […]
US oil inventories, submerged by 10M barrels
The Energy Information Administration said in its regular weekly report that crude inventories fell by 10.03 million barrels a week […]
