Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Commodities including crude have struggled this week as a gauge of the dollar rallied to the highest in two years, powering ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
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Oil prices hold near 2-week low on gloomy demand outlookOil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
The events show that oil prices during this period have remained highly volatile even as nations have strived for stable ...
ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...
A report released by the Energy Information Administration on Thursday showed crude oil inventories in the U.S. rose by more than ...
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