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Crude Oil - Crude Oil long term technical analysis August 2019

21-08-2019 04:08

This year world growth forecast and next year have been slashed and slowdown expected around the world. A trade war between the U.S and China regarded as one factor which contributes to the slowdown.

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Iran Oil Tanker Makes Distress Call

Another tanker loaded crude this month in Iran with the aim of delivering oil to Syria, Fox News reported, citing unidentified intelligence officials. Iranian tankers have turned off their satellite ...

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REUTERS: Russia's Rosneft Q2 net profit down 15% on tainted oil crisis

... producer Rosneft posted on Wednesday a 15% fall in second quarter net profit hit by lower prices and weak oil production due to a domestic crude contamination crisis. Rosneft, which accounts for ...

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U.S. removed almost 2.7 million barrels daily of Iranian oil from market: Pompeo

WASHINGTON (Reuters) - The United States has removed nearly 2.7 million barrels of Iranian oil from global markets daily as a result of Washington’s decision to reimpose sanctions on all purchases of ...

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Alberta extends oil curtailment for another year

Alberta oil inventories fall to lowest levels since 2017 ... The government's $3.7-billion crude-by-rail contract, had it not been cancelled, would have added an estimated 120,000 barrels per day in ...

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