Oil prices fall as U.S. crude stocks jump
U.S.-China trade tensions continue to cloud the outlook for demand, with a December 15 deadline for the next round of ...
U.S.-China trade tensions continue to cloud the outlook for demand, with a December 15 deadline for the next round of ...
U.S. President Donald Trump said on Wednesday that the two countries were close to finalising a trade deal, but he ...
Hopes remain for a breakthrough in talks between the United States and China, the world’s two biggest oil consumers.
U.S. crude inventories soared by 10.5 million barrels to 432.5 million barrels in the week to October 11, according to ...
"Oil is slowly giving up its recent gains as mini-trade deal scepticism is growing,” an analyst says.
Oil prices are likely to remain steady, with Brent averaging 65.19 dollars a barrel and WTI 57.96 dollars in 2019, ...
A move on Sunday by Argentina to impose capital controls is also casting a spotlight on emerging market risks.
15 production platforms and four rigs were evacuated in the north-central Gulf of Mexico, as oil firms moved workers to ...
Brent crude futures LCOc1 for September delivery were up 49 cents at $62.89 a barrel by early trading.
Iran provides more than 20 per cent of the world’s oil output.
Also sapping prices was the dim outlook for oil demand growth in 2019 projected by the International Energy Agency.
Brent crude futures, the international benchmark for oil prices, were at $69.77 per barrel at 1016 GMT, down $1.22 from ...
Mr Trump said on Friday he told OPEC to lower oil prices.
The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.
Britain’s Barclays bank said on Friday oil prices “are likely to move still higher in Q2 and average $73 per ...
Brent crude oil futures were at 67.48 dollars per barrel at 0747 GMT, up 27 cents, or 0.4 per cent, ...
Crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.
Hopes of an end to the trade spat between the two world’s biggest economies added support to a market that ...
International Brent crude futures were at 65.65 dollars per barrel, up 44 cents, or 0.7 per cent from their last ...
America is the only country to ever reach that level of production.
Oil prices were supported as U.S. president, Donald Trump, said on Thursday he would meet with the Chinese president, Xi ...
Beyond oil supply, a key question this year will be demand growth, analysts opine.
OPEC-led supply cuts also tightened the markets.
U.S. light crude oil CLc1 fell by $2.35 a barrel to a low of $45.82, before recovering some ground to ...
Nigeria’s current daily oil production is about 1.73 million barrels.
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All content is Copyrighted © 2024 The Premium Times, Nigeria