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Market Snapshot: How have expectations for Canada’s fossil fuel use and <b>crude oil</b> production …

November 29, 2017 http://crude-oil.top/ 0

Release date: 2017-11-29. The National Energy Board projects energy supply and demand in its series of reports known as Energy Futures.The post Market Snapshot: How have expectations for Canada’s fossil fuel use and <b>crude oil</b> p…

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US <b>Crude Oil</b> Stocks Post Unexpected Rise Of 1.821 Mln Barrels

November 28, 2017 http://crude-oil.top/ 0

Investing.com – US crude stocks rose by 1.821 million barrels, the American Petroleum Institute (API) reported Tuesday, with gasoline supplies down by 1.529 million barrels and distillates up by 2.696 million barrels. Supplies at the oil storage hub at…

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US <b>Oil</b> Has One Fatal Weakness

November 28, 2017 http://crude-oil.top/ 0

Last year, 51 percent of the 8.4 million bpd of crude oil produced in the Lower 48 States was light oil, or less dense oil with an API gravity of 40.1 or above, EIA data shows. The higher the API gravity, the lighter the oil. So far this year, much of the lower 48 states’ crude oil production had 30.1 or higher …

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<b>Crude Oil</b> Prices Fell as Markets Prepared for a Key OPEC Meeting

November 28, 2017 http://crude-oil.top/ 0

Crude oil prices turned lower, snapping a four-day winning streak. The move precedes an OPEC meeting in Vienna this week. That is expected to produce an extension of the cartel-led output cut scheme expiring in March and outline an exit strategy for ev…

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Rebound in <b>crude oil</b> prices a boon to economy as GDP stays consistent

November 27, 2017 http://crude-oil.top/ 0

Rebound in crude oil prices a boon to economy as GDP stays consistent … KUCHING: In tandem with the modest recovery in crude oil prices, Malaysia’s Gross Domestic Product (GDP) growth expanded on an incline starting in the third quarter of financial year 2016 (3QFY16) with growth breaching the …

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<b>Oil</b> prices could spike more than 25%, according to closely followed economist Jim O’Neill

November 27, 2017 http://crude-oil.top/ 0

Brent crude oil may surge to $80 a barrel in the next year, says economist Jim O’Neill. The market is waking up to robust global economic growth and is wary of geopolitical risk emanating from Saudi Arabia, O’Neill writes in Barron’s. O’Neill’s preferred measure of the market suggests a trend change is …

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