Niger Delta Avengers claim five attacks in blow to cease-fire U.S. drillers bring back rigs as oil market seen stabilizing Brent crude traded near $50 a barrel as Nigerian militants Continue Reading
Surplus returning in July as outages moderate: Morgan Stanley Nigerian ceasefire risk to Goldman’s $50 oil forecast The oil market surplus that vanished last quarter, helping prices post the best Continue Reading
U.S. consumption revised lower while supply at seasonal high Money managers cut bullish crude bets to lowest since March American drivers’ seemingly insatiable thirst for gasoline is running into a Continue Reading
Oil prices rose early on Friday, with Brent jumping back above $50 per barrel, as investors positioned themselves for more price increases this year in expectation of a tighter market. Continue Reading
Oil prices edged lower in volatile trade on Friday amid continued uncertainty about the impact of the Brexit referendum on crude demand. Brent crude, the global oil benchmark, fell 0.6% Continue Reading
U.S. stockpiles slip sixth week, production extends slide Oil traded near $48 a barrel in New York after posting its biggest quarterly gain since 2009. Close all those tabs. Open Continue Reading
Oil prices are going up as oil supply and demand are approaching a more balanced situation, writes geophysicist Jilles van den Beukel. And they will continue to go up as Continue Reading
Barclays lowered its crude price forecasts on Friday, citing reduced expectations for growth in the global economy and oil demand following Britain’s recent vote to leave the European Union. While Continue Reading
Oil traded near $48 a barrel in New York after posting its biggest quarterly gain since 2009. Close all those tabs. Open this email. Get Bloomberg’s daily newsletter. Politics The Continue Reading
The global oil market should see supply and demand in balance by 2017 though it will remain structurally well-supplied for the next couple of years, U.S. Energy Secretary Ernest Moniz Continue Reading
