Move difficult to realize, but could tackle oversupply pressuring crude market Crude-oil prices rose to a three-week high on hopes that Russia and the Organization of the Petroleum Exporting ... Read More
Crude oil futures slipped toward $37 per barrel on Wednesday as the market remained under pressure due to slowing demand and high supplies, while forecasts that a cold snap ... Read More
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds ... Read More
Abu Dhabi Financial Group is targeting a series of investments in the UAE, according to Jassim Alseddiqi, the investment firm’s chief executive, as lower oil prices make investments financially ... Read More
The oil cartel is still influential, and American shale can’t replace the world’s true “swing” producer. The breathtaking crash in oil prices has generated a new conventional wisdom: America’s ... Read More
Divisions emerge ahead of a contentious OPEC meeting on Friday Saudi Arabia and its Persian Gulf allies are willing to pull back oil output as crude prices skidded further ... Read More
API says U.S. crude inventories rose by 1.6 mln bbls last week Reuters poll had cited 500,000 bbls draw instead U.S. crude falls in post-settlement trade after API data ... Read More
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure ... Read More
Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. ... Read More
Crude futures lost ground in early Asian trading on Monday, with U.S. oil plunging over 2 percent on festering worries over a global supply surplus. U.S. crude’s West Texas ... Read More
We use cookies to improve your browsing experience on our website. To find out more, please read our Privacy Policy and Cookies Policy, been updated and became effective May 24, 2018.
By continuing to navigate our website without changing your cookies settings, or by clicking 'Ok', you hereby acknowledge and agree to OneStopBrokers use of cookies.OkRead more