[ad_1] SINGAPORE (Reuters) – Oil prices plummeted to 2018 on Friday, in weak but volatile trading conditions, due to worries about a spate of global supply and a gloomy economic outlook. . …
Read More »Oil reaches its lowest level in 2018
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 »Oil fears overabundance of supply, but expected cuts to OPEC provide support
[ad_1] SINGAPORE (Reuters) – Oil prices resumed their downtrend on Friday, fueled by fears that oil producers will produce more oil than needed in a sluggish economic climate. PHOTO: A pump jack …
Read More »Weak oil markets, the global supply outpacing the demand
[ad_1] SINGAPORE (Reuters) – Oil markets remained weak on Friday under pressure from concerns that producers are producing more oil than necessary in a sluggish economic climate. PHOTO: A pump jack on …
Read More »Weak oil markets, the global supply outpacing the demand
[ad_1] SINGAPORE (Reuters) – Oil markets remained weak on Friday under pressure from concerns that producers are producing more oil than necessary in a sluggish economic climate. PHOTO: A pump jack on …
Read More »US oil prices fall by more than 1% due to fears of oversupply
[ad_1] SINGAPORE (Reuters) – Oil prices tumbled on Friday, amid fears that oil producers are producing more oil than the world needs, despite dire economic prospects. PHOTO: A pump jack on a …
Read More »Oil drops US stocks, OPEC talks about reducing losses
[ad_1] LONDON (Reuters) – Oil prices fell on Thursday after US crude inventories reached their highest level since December, fueling worries about a global glut, but OPEC is talking about a reduction …
Read More »Oil price: JP Morgan gives its forecasts for Brent in 2019
[ad_1] JP Morgan has reduced its outlook for oil, forecasting Brent crude prices to average $ 73 per barrel in 2019, down from the previous forecast of $ 83.50 a barrel in …
Read More »Unexpected agency intervenes in offshore oil drilling in the Arctic: NASA
[ad_1] Photo of the March 2017 ISINGLASS mission in the Poker Flat Research Range at Fairbanks. (Courtesy of Chris Perry) Earlier this year, the federal government's Bureau of Ocean Energy Management asked …
Read More »Oil slips as US stocks rise, but OPEC can cut reserves to avoid over-supply
[ad_1] SINGAPORE (Reuters) – Oil prices fell on Thursday after US crude oil inventories reached their highest level since December 2017, as worries over an emerging global glut is expected, although the …
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