"We've seen a market discounting the fact that clearly it's going to be easier to produce oil and gas in the United States," Wright told CNBC's "Squawk Box." "More supply is going to come ...
At 10:16 GMT, Light Crude Oil futures are trading $69.42, up $0.42 or +0.61%. U.S. Tariffs on Venezuelan Crude Raise Supply Concerns The U.S. has escalated sanctions pressure by authorizing 25% ...
“There is plenty of supply around,” said Hardy on oil availability for 2025 and in the medium term. He commented that despite some “threats” to potential supply, he sees that “by and ...
"There is concern in the market about touching that oil so we could lose that supply," said John Kilduff, partner at Again Capital LLC in New York. "The discount on Venezuela's exports could go up ...
TOKYO : Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the impact of ...
NEW YORK: Oil prices diverged on Tuesday as a maritime and energy truce between Russia and Ukraine offset concerns about tighter global supply due to threatened US tariffs on countries buying ...
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