Browsing: Oil
Money managers downgraded their net-bullish Brent oil forecasts by the biggest level, the previous week. The rebound shows that wild…
SPX was up 0.74 percent on Thursday, March 10, as the market remained volatile due to the Ukrainian-Russian conflict. The…
Russian oil exports are vital to global supply and there is no source that can cover for the millions of…
The US and other major economies agreed on a coordinated plan to release oil reserves after Russia’s invasion of Ukraine…
US commercial crude oil inventories increased by 1.1 million barrels from the prior week. At 411.5M barrels, US crude oil…
Geopolitical tensions between Russia and Ukraine are driving global oil prices close to $100 a barrel, with traders pricing in…
Oil prices rose after the International Energy Agency (IEA) stated that oil markets were tight, but still trending towards weekly…
US commercial crude oil inventory dropped by 1 million barrels for the week ended on January 28. At 415.1 million…
The Organization of the Petroleum Exporting Countries and its allies in their latest meeting decided to implement a gradual output…
US crude oil refinery inputs hovered around 15.5 million barrels per day, an increase of 44,000 barrels per day from…
Commercial crude oil inventories in the United States increased by 500,000 barrels to reach 413.8 million barrels in the week…
Global oil demand will surpass pre-pandemic levels this year due to increased Covid-19 vaccination rates and as recent virus waves…