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* Global refiners import U.S. oil to make up for OPEC cuts (Adds "Minsky moment" reference, updates prices) SINGAPORE, Oct 20 (Reuters) - Oil prices were stable on Friday, supported by signs of tig...
Posted: October 19, 2017, 8:08 pm
This is an experimental feature. Give us your feedback. Thank you for your feedback. Opec’s secretary general said an effort by some of the world’s biggest oil producers to cut output was helping t...
Posted: October 19, 2017, 7:47 pm
Oil markets edged up on Friday, recovering some of the previous day's losses, as analysts pointed to signs of a tightening market. Brent crude futures (LCOc1), the international benchmark for oil p...
Posted: October 19, 2017, 5:41 pm
Tensions in Iraq and uncertainty surrounding Iran’s nuclear deal have raised the risk to global crude supplies as expectations for stronger oil demand boosted prospects for a more balanced market. ...
Posted: October 19, 2017, 12:25 pm
OPEC secretary general Mohammed Barkindo welcomed Thursday the rebalancing of the world oil market, hinting the cartel would likely renew its output-cutting deal next month. Barkindo made the comme...
Posted: October 19, 2017, 9:47 am
Investing.com - Crude oil prices held near their strongest level in around three weeks on Thursday, supported by growing indications that the market was starting to rebalance. U.S. West Texas Inter...
Posted: October 19, 2017, 6:39 am
VERONA, Italy (Reuters) - A global deal to cut oil output has not led to a breakthrough on high inventory levels, while an expected rise in U.S. shale oil output may destabilize the market in 2018,...
Posted: October 19, 2017, 4:09 am
OECD inventory surplus has been cut in half since January Recent data suggest a ‘brighter outlook’ for the oil industry OPEC and Russia have defied the skeptics and their production cuts have elimi...
Posted: October 19, 2017, 2:45 am
VERONA — Global oil reserves are not yet at their normal level and it is too early to talk about a watershed in terms of rebalancing the oil market, Igor Sechin, chief executive of Russia's oil maj...
Posted: October 19, 2017, 2:18 am
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. Continue Reading Below Brent...
Posted: October 18, 2017, 9:21 pm

 

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