Top Oil Trader Sees Supply Tightness Easing Amid Refinery Maintenance
Oil market tightness is set to ease in the coming two months as refineries plan end-of-summer maintenance, easing demand.
Source: oilprice.com
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Top News In Pec Today - Breaking & Trending Today
Oil Prices On Course For A Weekly Gain Despite Economic Uncertainty
Crude oil prices are on track to end their two-week losing streak due to a surprise U.S. inventory draw and expectations that OPEC+ will extend its production cuts.
Source: oilprice.com
Saudi Arabia's Oil Exports Plunge To March 2021 Lows
Saudi Arabia’s oil exports plunged in August to levels not seen since March 2021, with the Kingdom exporting just 5.6 million bpd.
Source: oilprice.com
Oil Prices Climb As Traders Refocus On Fundamentals
Bullish building in oil markets as U.S. inventories continue to drop and OPEC+ cuts remain in place, forcing traders to refocus on fundamentals
Source: oilprice.com
Barclays Sees $97 Brent Oil Price In 2024 As Market Tightens
Barclays has hiked its Brent price forecast for next year due to lower U.S. shale growth and underproduction from OPEC+ producers.
Source: oilprice.com