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Showing posts with the label December 12

US dominance in oil markets is only going to get bigger, the IEA says

US dominance in oil markets is only going to get bigger, the IEA says https://cnb.cx/2zVwrbI The U.S. might have been left out from the big summit between OPEC and non-OPEC producers in Vienna last week but the country's influence over global oil markets is only going to get stronger. https://ift.tt/2PddWW7 December 12, 2018 at 11:00PM Energy https://cnb.cx/2KU3Ztw

Oil prices inch up amid US stockpile drop, signs of easing trade tensions

Oil prices inch up amid US stockpile drop, signs of easing trade tensions https://cnb.cx/2Ej0FZi U.S. West Texas Intermediate (WTI) crude futures were at $51.43 per barrel at 0230 GMT, up 0.57 percent from their last settlement. International Brent crude oil futures were 0.6 percent higher at $60.50 per barrel. https://ift.tt/2PddWW7 December 12, 2018 at 04:35PM Energy https://cnb.cx/2KU3Ztw

Shale growth may force OPEC into another production cut in April, Citi says

Shale growth may force OPEC into another production cut in April, Citi says https://cnb.cx/2zUg2V3 OPEC has lost more than 20 percent of its share of global oil production since the 1970s. https://ift.tt/2PddWW7 December 12, 2018 at 04:32AM Energy https://cnb.cx/2KU3Ztw

Short-term credit markets look positive, says investment guru

Short-term credit markets look positive, says investment guru https://cnb.cx/2zSphVG Larry McDonald of 'The Bear Traps Report' joins 'Squawk Box' to discuss General Electric's market slump. https://ift.tt/2PddWW7 December 12, 2018 at 04:00AM Energy https://cnb.cx/2KU3Ztw

OPEC's oil production dips in November as Iranian output plunge offsets Saudi surge

OPEC's oil production dips in November as Iranian output plunge offsets Saudi surge https://cnb.cx/2PySfPw Oil production from OPEC nations fell slight in November, as Iranian supplies fell sharply, offsetting a big jump in in Saudi output to all-time highs. https://ift.tt/2PddWW7 December 12, 2018 at 02:00AM Energy https://cnb.cx/2KU3Ztw