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The Amazing Rise In U.S. Oil Production Demands Policy Support

Added: 18.02.2018 19:03 | 0 views | 0 comments

U.S. crude oil production continues to reach historic highs, and policy support can help buffer the rising influence of Russia and OPEC on the global market.

Tags: Russia, Oil, NFL, OPEC
From: www.forbes.com

Brent crude rises towards $65 on Saudi commitment to curb output, weak dollar

Added: 15.02.2018 5:03 | 0 views | 0 comments

Oil rose towards $65 barrel on Thursday, supported by Saudi Arabia's comment that it would rather see an undersupplied market than end an OPEC-led deal to withhold production too soon, and by a weak U.S. dollar.

From: feeds.foxbusiness.com

Physical oil market sends warning to OPEC: Rout might not be over

Added: 14.02.2018 7:23 | 0 views | 0 comments

As OPEC watches a near 15 percent drop in the oil price in three weeks, important indicators in the physical crude market are flashing signals that the decline might be far from over.

Tags: Oil, OPEC
From: feeds.reuters.com

Surging US output 'a concern' for oil market: OPEC

Added: 14.02.2018 2:14 | 0 views | 0 comments


Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to throttle output, but surging shale production in the United States could throw a spanner in the works, OPEC said on Monday. Crude prices fell as low as $35 per barrel at the start of 2016, but they have been rising since, reaching a three-year high of more than $70 per barrel last month, "on signs that production adjustments by OPEC and non-OPEC participating countries are balancing the market," the Organization of Petroleum Exporting Countries wrote in its latest monthly market report. OPEC countries and other oil-producing countries, such as Russia, agreed at the end of 2016 to cut back production to combat the global glut in oil.

From: www.yahoo.com

Surging US output 'a concern' for oil market: OPEC

Added: 13.02.2018 13:20 | 0 views | 0 comments


Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to throttle output, but surging shale production in the United States could throw a spanner in the works, OPEC said on Monday. Crude prices fell as low as $35 per barrel at the start of 2016, but they have been rising since, reaching a three-year high of more than $70 per barrel last month, "on signs that production adjustments by OPEC and non-OPEC participating countries are balancing the market," the Organization of Petroleum Exporting Countries wrote in its latest monthly market report. OPEC countries and other oil-producing countries, such as Russia, agreed at the end of 2016 to cut back production to combat the global glut in oil.

From: www.yahoo.com

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