admin April 7, 2020

Oil Posts Largest Decline in 2 Weeks Ahead of Producers
Oil recorded its first loss in three days on signals that a glut is growing at America’s biggest storage depot and concern that an upcoming meeting among producers won’t yield large enough …


Oil Posts Largest Decline in Two Weeks | Rigzone
Oil Posts Largest Decline in Two Weeks … loss in three days on signals that a glut is growing at America’s biggest storage depot and concern that an upcoming meeting among producers won’t …


Oil Suffers Biggest Weekly Loss Since 1991 With Demand in …
Two of the three commissioners at Texas’s oil agency are skeptical of a plan currently being weighed to curtail crude production in the state in an effort to balance global supply with demand


Oil Posts Worst Decline in 2 1/2 Months on Bearish OPEC …
Nov 28, 2019Oil fell the most in more than two months amid signals that OPEC and allied crude producers are averse to deepening output cuts when they convene next week. … Oil Posts Worst Decline in 2 1/2 …


U.S. oil prices end higher after biggest weekly drop in …
Prices for U.S. benchmark oil futures settled with a gain Wednesday, at a nearly one-week high, after U.S. government data revealed the biggest weekly decline in U.S. crude supplies since January.


Opec+ meeting. Will they cut? : stocks
Oil could be a factor in the week ahead as OPEC and Russia hold an emergency meeting Monday to discuss production cuts. Oil rallied 12% in the past week with West Texas Intermediate futures at $28.34 per barrel, its best week ever.


Oil posts worst monthly decline in 2 years, sinking 7.3% …
Jul 31, 2018Oil prices fall on Tuesday, on track for their largest monthly decline in two years. A survey suggests OPEC’s output in July rose to its highest for 2018.


U.S. shale oil output to rise to record 9.08 million …
U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a …


Russia’s reluctance for a production cut exposes possible …
Feb 6, 2020At the time, it united the world’s two biggest oil producers and others, in an effort to curb a glut in the world oil market, fueled in part by the growth of U.S. shale oil.


Oil prices slide 7% after producers’ meeting is postponed …
Oil prices slide 7% after producers’ meeting is postponed. … Late last week, prices had surged, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to …
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