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Oil refineries are a critical part of the world’s energy supply chain, refining crude oil into products like gasoline, diesel ...
Oil (CL=F, BZ=F) prices are being influenced by a mix of supply and demand factors. Rebecca Babin, CIBC senior energy trader, joins Trader Talk podcast host Kenny Polcari on Catalysts to discuss ...
Crude oil posted its third straight weekly gain, buoyed by intensifying U.S. sanctions on key exporters and persistent signs of tightening global supply. Despite a Friday pullback on recession ...
selling into the resulting rally in oil producer stocks. In January of this year, the EIA predicted that a slight global liquid fuels supply/demand shortfall in the current quarter would give way ...
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...
Light crude oil is posting a solid weekly gain, closing near $69.90 on Thursday, up roughly 2.4%, as traders responded to tightening global supply and rising geopolitical risks. However ...
Oil prices were sliding in early trade but are headed for a third consecutive weekly gain as markets weigh the impact of global trade tensions against a tightening supply outlook. U.S. President ...
Oil prices rose slightly on Wednesday morning over concerns around tighter supply, following a much larger than expected drop in US crude stockpiles. Brent crude futures were up 0.2% to $72.51 a ...