[ad_1] Oil prices rebounded sharply on Friday after yesterday's sharp losses and were on track for a 2.3% weekly gain as investors waited for strong global demand, narrowing Iranian crude exports and …
Read More »The US "likely" have become the world's leading oil producers | Local news
[ad_1] The United States may have recovered earlier than expected the title of the world's largest oil producer. The US Energy Information Administration said on Wednesday that America had "probably overtaken" Russia …
Read More »America defeats Russia and Saudi Arabia is the leading oil producer
[ad_1] Move to Russia and Saudi Arabia. America has resumed its throne at the top of the oil world. According to early estimates released Wednesday by the Department of Energy, the United …
Read More »Oil slips 4-month highs due to economic concerns
[ad_1] Oil prices tumbled on Thursday, falling after four-month highs as investors focused on the risk that emerging market crises and trade disputes would jeopardize demand, even as supply tightened. Brent crude …
Read More »The United States has "probably" taken over as the world's largest oil producer
[ad_1] By DAVID KOENIG AP Business WriterThe United States may have recovered earlier than expected the title of the world's largest oil producer. The US state of energy information said on Wednesday …
Read More »Why the United States suddenly buys a lot more Saudi oil
[ad_1] In recent months, OPEC has been boosting production to ease concerns over high oil prices, given the expected supply shortages from Venezuela and Iran. Saudi Arabia's main producer and exporter of …
Read More »Global oil supply hits record despite Iran and Venezuela spillover
[ad_1] Robert Nickelsberg / Liaison Welders are working on the strategic oil reserve pipeline on June 1, 1980 in West Hackberry, Louisiana. Started by President Ford to reduce the threat of oil …
Read More »World oil demand reaches 100 million bpd, but prospects remain uncertain -IEA
[ad_1] LONDON, Sept. 13 (Reuters) – World oil consumption will reach 100 million barrels a day over the next three months, which will put pressure on prices, but emerging market crises and …
Read More »Oil prices slide as economic growth concerns tighter supplies
[ad_1] SINGAPORE (Reuters) – Oil prices fell on Thursday, reversing some of the strong gains recorded in the previous session as economic worries raised doubts about fuel demand growth. PHOTO: A pump …
Read More »The financial crisis has crushed the record oil prices, but another boom is looming
[ad_1] The collapse of Lehman Brothers 10 years ago marked the point of no return from the global financial crisis. But it also caused a new crisis: a 4 and a half …
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