Oil Slips Most in a Month Amid U.S. Supply Boost, Demand Warning
Oil Slips Most in a Month Amid U.S. Supply Boost, Demand Warning
Oil suffered its worst loss in more than a month as burgeoning U.S. crude supplies and a cautious view on demand flashed warning signs for traders.
Bloomberg
Bloomberg
Goldman Says for a Peek Into Oil's Future, Go Back to 1990s
Goldman Says for a Peek Into Oil's Future, Go Back to 1990s
The future of the oil market may resemble the past -- specifically the 1990s -- according to Goldman Sachs Group Inc.
Bloomberg
Bloomberg
Crude at Five-Month High as U.S. Gasoline Stockpiles Tumble
Crude at Five-Month High as U.S. Gasoline Stockpiles Tumble
Crude closed at a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories.
Bloomberg
Bloomberg
Oil prices slip as OPEC mulls output hike, U.S. stocks build
NEW YORK (Reuters) - Oil prices fell on Thursday after sources said OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying.
Reuters
Reuters
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Oil up 1 percent on tightening crude supply, upbeat economic data
NEW YORK (Reuters) - Oil prices rose 1 percent on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.
Reuters
Reuters
IMO Low Sulfur Rule Could Mean Bumpy Road Ahead For Trump, Truckers
New tougher international sulfur limits on marine fuel set to take effect at the beginning of next year could increase the U.S. price of diesel and home heating oil ahead of the 2020 elections, causing a new headache for President Trump as he seeks to ride a wave of good…
Forbes
Forbes