Rising global oil supplies, a weaker outlook for global oil demand growth, and a recent $15/bl decline in oil prices have combined to make a compelling argument for the Opec and non-Opec Joint Ministerial Monitoring Committee (JMMC) to recommend a return to production restraints in 2019.
News ID: 2591 Publish Date : 2018/11/11
The US Energy Information Administration on Wednesday boosted its Brent and WTI crude oil price forecasts on uncertainty over the impact of the looming re-imposition of US sanctions on Iranian crude exports.
News ID: 2411 Publish Date : 2018/10/10
NYMEX November natural gas futures contract weakened in morning trading Friday, on offsetting movements in heating and cooling demand.
News ID: 2374 Publish Date : 2018/10/05
Crude oil and product futures were mixed in midmorning trading Wednesday in the wake of US Energy Information Administration data showing US crude supply grew sharply last week.
News ID: 2345 Publish Date : 2018/10/03
The ICE Brent/WTI spread widened during mid-morning trading as a steep decline in refinery utilization weighed on US crude oil futures.
News ID: 2279 Publish Date : 2018/09/26
Danieli’s scrap-recycling technology is reaffirmed by Novelis as a trusted solution
