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Andreas Hadjoudes
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CNBC Oil prices extended gains on Tuesday for the fifth straight day. The IEA said on Monday global oil demand was expected to grow in the next five years, while output from OPEC producers would rise at a much slower pace. OPEC oil ministers, U.S. shale…
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CNBC Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firm. Rising U.S. shale oil production has been a drag on the OPEC’s commitment to erode a prolonged global oil glut and prop up prices. Reuters Getty Images An oil pump…
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Investing.com Technical Analysis The crude oil markets have been negative during the week, as we have broken below an uptrend line recently, and have retested it during this week, only to fail again. This is a negative sign.  FXEMPIRE Christopher Lewis…
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CNBC U.S. oil prices were mixed on Friday, after three days of declines. Gains were limited as Asian share markets extended a selloff on Wall Street after news of planned U.S. tariffs on steel and aluminium. Reuters U.S. oil prices were mixed on Friday,…
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CNBC Oil prices were little changed on Thursday after falling in the previous two sessions. U.S. crude inventories rose by 3 million barrels last week, compared with analyst expectations for a build of 2.1 million barrels, data from the EIA showed.…
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Ben Geman AXIOS The crude oil “supply gap” risk Photo: Dave Walsh / VW Pics / UIG via Getty Images A big question among oil experts these days is whether today’s worldwide investments in new supplies are too low to avoid risk of a “supply gap” opening up…
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CNBC U.S. oil prices rose for a fourth session on Tuesday to near a three-week high hit a day earlier. Prices were supported by signs of robust production curbs by OPEC and non-OPEC countries. Reuters Getty Images An oil pump jack in the oil town of…
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CNBC Oil prices extended gains to hit two-week highs on Monday. Saudi Arabia’s oil minister said the country hoped OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilize oil markets. Reuters…
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CNBC Energy stocks in Asia traded higher on Friday. Oil prices touched a two-week high in the last session after data from the U.S. Energy Information Administration showed U.S. crude stocks unexpectedly declined. The S&P/ASX 200 energy sub-index was up…
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