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Brent Oil - Oil demand concerns overdone, Brent to rise above $70: Goldman

15-03-2019 04:21

Demand is off to a strong start in 2019, with recent oil data suggesting current demand concerns should ease further.Reuters | March 15, 2019, 16:45 IST Crude oil prices are on course for the best ...

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US oil hits highest so far this year, but concerns over demand growth drag

U.S. sanctions against Venezuela, Iran further tighten market. Despite economic slowdown, Goldman sees Brent above $70 per bbl. Slight oil supply deficit likely emerged in Q1 2019. Oil prices edged up ...

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Venezuela's electricity crisis could trigger 'serious disruption' to the oil market, IEA warns

"Therefore, in the event of a major loss of supply from Venezuela, the potential means of avoiding serious disruption to the oil market is theoretically at hand." International benchmark Brent crude ...

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Oil prices stable as US sanctions against Venezuela, Iran create deficit

Brent crude oil futures were at $67.21 per barrel at 0559 GMT, virtually unchanged from their last close, and within a dollar of the $68.14 2019-high reached the previous day. U.S. West Texas ...

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Oil stands firm amid supply cuts and sanctions

But oil prices have been capped by concerns that an economic slowdown will soon start denting growth in fuel demand. Brent crude oil futures were at $67.27 per barrel at 0425 GMT, 4c above their last ...

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