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Crude oil futures traded higher on Thursday morning ahead of a meeting between the US and Russian Presidents scheduled for ...
Crude oil appears rangebound with limited reason for gains until clearer macroeconomic and demand signals emerge, said Phillip Nova.
Oil prices climbed on Thursday as investors remain cautious the U.S.-Russia summit on Ukraine on Friday will lead to a ...
7h
TipRanks on MSNBP,Shel,CVX: Oil Stocks Rise Despite ‘Bloated’ Supply Threatening Prices
Oil stocks rose today despite a hit to prices on warnings of a supply glut by the end of the year. The price of Brent Crude ...
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...
Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...
IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...
Global supply growth surpasses demand, leading to lower oil prices and potential impacts on gasoline and diesel costs.. Oil ...
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