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Brent Oil - Saudi Arabia waits for higher spot prices before raising oil exports

22-05-2019 03:56

Oil supplies have fallen since last year mostly as a result ... mostly because of very weak January and February average Brent crude prices, the international marker. Revenues were running at roughly ...

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Oil prices drop on swelling U.S. stockpiles, trade war

However, analysts said oil markets remained tight amid supply cuts led by producer group OPEC and as political tension escalates in the Middle East. Brent crude futures were down 70 cents at $71.48 a ...

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Oil Prices Fall on Saudi Pledge, U.S. Inventory Increase

International Brent oil futures dropped 0.6% to $71.72. Prices were pressured lower after the American Petroleum Institute reported late Tuesday that U.S. crude stockpiles rose by 2.4 million ...

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Political risks may be supporting oil prices, but that’s likely just short term - JP Morgan

For the full year, however, Brent crude will average USD 71 a barrel for 2019 and will weaken to USD 60 a barrel from 2021. Darling’s comments come as the market expects Iranian oil exports to ...

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Oil traders sell dirty Russian crude to Asian buyers

For traders, estimating the value for the oil is the hardest part as there has been no trade precedent. “Nobody knows where these barrels should trade. It’s a discount to ICE Brent for cargoes landing ...

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