Oil Gains Over 4% Likely On Profit-Taking, Short Covering
While fundamentals took over from the war-risk premium this week, pummeling oil prices, Brent crude was gaining over 4% by midday Friday
Source: oilprice.com
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Oil prices dive on big US crude stock build, record output
HOUSTON: Oil prices tumbled more than 1.5% on Wednesday (Nov 15) on a bigger-than-expected rise in US crude inventories and record production in the w...
Source: thesun.my
Oil futures spreads signal market moving toward oversupply
Spot global crude oil futures traded at a discount to longer-dated contracts this week for the first time in four months, a signal that traders believe the market has become oversupplied and... -November 16, 2023 at 02:36 pm EST - MarketScreener
Source: marketscreener.com
U.S. Crude-Oil Stockpiles Likely Rose Last Week, Analysts Say
By Anthony Harrup U.S. crude-oil inventories and gasoline stocks are expected to have risen last week, while there was likely a small draw on distillates from the week before, according to a... -November 14, 2023 at 02:03 pm EST - MarketScreener
Source: marketscreener.com
Brent crude oil finishes above US$80 after week's sell-off
HOUSTON: The Brent crude oil benchmark finished above US$80 a barrel on Thursday (Nov 9), after demand concerns and a fading war-risk premium triggere...
Source: thesun.my