Tag: Oil Price
Oil prices drop as China economic slowdown threatens to spread
(Reuters) - Oil prices fell on Tuesday on signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading,...
Oversupply, faltering growth to weigh on oil prices in 2019: Reuters...
(Reuters) - Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the United...
Oil prices dive 4% as OPEC meeting ends with no details...
(CNBC) Oil prices tumbled 4 percent on Thursday as OPEC reportedly agreed to cut production, but ended its closely-watched meeting without a decision on...
Oil halts slide near $51 as concerns persist over supply glut
(Bloomberg) Oil traded near $51 a barrel on concerns record output by Saudi Arabia will exacerbate a supply glut as President Donald Trump continues...
Oil hits lowest in a year, even as OPEC considers output...
(Reuters) - Oil fell to its lowest level in more than a year on Friday on continued concerns about a rising global surplus, even...
Oil claws back some losses after 6-pct plunge, but outlook still...
(Reuters) - Oil bounced by more than 1 percent on Wednesday to claw back some of the previous day’s 6-percent plunge, lifted by a...
Oil climbs 1 percent on prospect of OPEC, Russia supply cut
(Reuters) - Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club OPEC as...
Veiled Saudi threat boosts oil prices already moving toward $100
The global oil market that’s already being squeezed by U.S. sanctions on Iran is now being rattled by the risk of potential American action...
$20 oil? Welcome to Canada, where crude prices haven’t recovered
Western Canada Select slumped below $20 a barrel on Thursday, the lowest in more than two years, continuing a brutal streak of declines for...
What oil at $100 a barrel would mean for the global...
(Bloomberg) Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners and losers in...
