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Oil Price - BSP’s 2019 oil price assumptions up 40% at $75 to 85 per barrel
The Bangko Sentral ng Pilipinas (BSP) has proposed new macroeconomic assumptions for crude oil prices from 2018 to 2022, implying a 39.1-percent increase in the mid-point assumption for 2019. For 2019 ...
U.S. oil service firms face tough quarter despite high crude prices
HOUSTON (Reuters) - Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers ...
Don’t mention oil price – U.S. legal threat prompts change at OPEC
OPEC have urged its member nations, not to mention oil prices when discussing policy in a break from the past, as the oil-producing group seeks to avoid the risk of U.S. legal action for manipulating ...
Oil prices rise towards $85 on surprise drawdown in US crude stockpiles
Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline in U.S. crude inventories and as geopolitical tensions over the disappearance of a promi...
Oil prices rise after surprise decline in US crude inventories
Oil prices have risen for a fourth consecutive day after a surprise decline in US crude inventories. Brent Crude continued its recovery following last week's global equity market sell off trading at $...