Oil prices steady near $70.11 – $70.39 resistance with supply disruptions from sanctions clashing with weak demand. U.S.
Executives from the world's top commodity trading houses expect a well-supplied oil market this year, with concerns remaining ...
We make a start by noting that the US oil market shows signs of tightening. On Friday we note the halting of the rise of the ...
Kang Wu, Global Head of Oil Demand Research at S&P Global Commodity Insights, said that fundamentally, there is adequate oil supply coming to the market.
Oil futures rose as the EIA reported an unexpected 3.3 million barrel weekly draw in U.S. crude inventories and a fourth straight drop in gasoline stocks.
Oil prices retreated on Friday amid tariff-related demand concerns, but headed for a third weekly gain on a tightening global ...
The crude oil market recorded some uncertainty after a rebound and could see growing volatility and pullback risks. Concerns over tighter global supply could continue to provide support, driven by US ...
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Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil ...
Oil prices fell over 1 per cent on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries could hurt global demand as well as ...