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Crude Oil - Oil markets will see another glut in 2020, IEA predicts
International benchmark Brent crude traded at around $66.99 Friday morning ... said Friday that it expects a 2.1 million barrels per day expansion of non-OPEC oil supply next year, largely driven by ...
Naphtha in Asia slides on soft crude oil; support expected from spot demand and falling supply
Asia naphtha markets slipped in tandem with easing crude oil futures, but a return of spot demand coupled with an anticipated fall in excess supply may well provide some needed support, as per ICIS ...
Oil Price Fundamental Daily Forecast – Short-Term Weather Concerns Outweighing Long-Term Demand Worries
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher early Friday despite another report calling for a supply glut in 2020. On Thursday, the markets ...
Oil prices climb on tropical storm and geopolitical tensions
Both registered declines last week. U.S. crude oil inventories have declined for four weeks and prices were also supported by oil companies in the Gulf of Mexico cutting production because of ...
Iran demands Britain release oil tanker seized off Gibraltar
said they arrested the captain and chief officer of the supertanker suspected of breaching European Union sanctions by carrying a shipment of Iranian crude oil to Syria. Foreign Ministry spokesman ...