Oil trades near $59 as IEA says 2018 will be year of higher demand
West Texas Intermediate crude oil steadied near $59 a barrel as the International Energy Agency warned that rising U.S. supply may ...
Monday, May 25, 2026
Tag: Crude oil
Bullions, base metals trade volatile as crude rallies after API report
Precious Metals are trading on a positive note ahead of the key macroeconomic releases scheduled for the evening today. Gold ...
Oil markets stable on tighter U.S. market, expected OPEC supply cuts extension
Oil prices at the international market opened Thursday stable supported by ongoing OPEC-led supply cuts, tensions in the Middle East ...
Global demand for oil remains strong, as new market entrant, Uganda poised to increase supply by 2020
Global demand for oil remained strong above projections in half year 2017 on robust economic growth, said Goldman Sachs, an ...
Oil futures edge down as investors await outcome of OPEC’s output review meeting
As representatives from OPEC and non-member nations are currently gathered in Abu Dhabi to discuss poor conformity levels on their ...
Crude oil prices edge down after sharp gain in end-July as market awaits OPEC technical committee meeting
Crude oil prices edged down Tuesday, following a week of straight gains that brought the global oil benchmark above $50 ...
Exxon, Chevron downgraded at Wolfe on weak outlook for crude
Exxon Mobil Corp. and Chevron Corp. had their recommendations cut at Wolfe Research as the outlook for oil prices deteriorates. ...
China maintains position as world’s top crude oil buyer
Posting 8.79 million barrels per day (bpd), China, the earth’s most populous country bought more crude oil than any other ...
OPEC caps for Libya, Nigeria crude output not enough to fix oil glut
A proposal that Libya and Nigeria could have to accept limits on their crude production probably would not be enough ...
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