[ad_1] US oil prices rallied on Monday after last week saw the worst one-day loss for the three-year futures contract, as investors struggled with the problems of the day. Supply before the …
Read More »Basic products in sales mode, G-20 in short; the crude to be volatile: Anand Rathi
[ad_1] Ravindra Rao All non-agri-food products were under pressure during the shortened holiday week because of the muscular dollar. For another week, energy was the theme of the market. However, natural gas …
Read More »Update: Toronto Stock Exchange Rejects 80 Points as Crude Oil Crumbles; US markets are also weaker
[ad_1] Canada's main stock market was weaker on Friday as crude oil hit a new low of 13 months and lost 11% for the week. The S & P / TSX Composite …
Read More »Oi merger worsens as crude collapses below $ 51
[ad_1] The latest wave of brutal crude sales has been reduced to less than $ 51 per barrel for the first time since October 2017. Concern over oversupply and declining demand has …
Read More »Crude oil supply, global economy at the center of concerns
[ad_1] Oil markets remained weak on Friday, under pressure from concerns that producers are producing more oil than needed in a sluggish economic climate. WTI (West Texas Intermediate) futures in the United …
Read More »EIA Reports 9th Consecutive Weekly Increase in US Crude Supply
[ad_1] US oil prices reduced some of their previous gains on Wednesday, after the Energy Information Administration announced that supplies of domestic crude had increased for the ninth consecutive week. Analysts polled …
Read More »OPEC, supply of crude in line of sight
[ad_1] Oil prices remained stable on Tuesday on forecasts that OPEC producer clubs would soon reduce their supply in order to avoid oversupply in a context of slowing growth in demand and …
Read More »Crude oil supply, global economy at the center of concerns
[ad_1] Oil prices fell on Thursday, due to the increase in supply in a market where consumption is expected to slow in a sluggish economic context. Brent crude futures in the first …
Read More »Brent crude is going back to $75 after likely OPEC supply cut: Goldman
[ad_1] The commodities chief at Goldman Sachs says the oil market sell-off is likely nearing its end and forecasts Brent crude will soon return to $75 a barrel.
Read More »U.S. crude ends lower for record eleventh consecutive session
[ad_1] NEW YORK (Reuters) – U.S. crude prices fell for the 11th consecutive session, the most on record since the contract began trading, retreating from a rally early in the session as …
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