because global oil stocks are still too high. “I think they probably have a …
oil experts
Reuters reported that U.S. stock index futures rose to record intraday highs on Tuesday as oil prices surged and investors assessed earnings from top U.S. retailers. There is plenty of optimism around Donald Trump’s much …
Oil
Crude processing at IOC's 300,000-bpd Paradip refinery in the eastern state of Odisha was hit due to coke upliftment issues, while runs at the 150,000-bpd Haldia refinery declined due to vacuum gas oil stock build-up.
India
U.S. stocks face a struggle to keep up their run of records Wednesday, as oil prices pulled back, but minutes from the latest Federal Reserve meeting may provide some impetus. Dow Jones Industrial Average futures fell …
Stock market
A spokesperson for Zhenhua Oil, Zhang Xiodi, declined to comment to Reuters. A spokesperson for Chevron could not immediately be reached for comment. Market Pulse Stories are Rapid-fire, short news bursts on …
Bangladesh
Goldman Sachs expects global crude oil inventories to keep falling due to production cuts and strong growth in demand, although stocks are likely …
crude stocks
Feb 21 (Reuters) - Canada's main stock index futures pointed to a higher start on Tuesday on strengthening oil prices, as OPEC aims for deeper output cuts directed at reining in a global fuel supply overhang. March …
oil prices
If OPEC is successful in creating a supply deficit and drawing down oil stocks, Brent could become very tight this summer. A successful squeeze, or even just the possibility of one, would make that tightness even worse. …
market
Oil prices continue to be pulled between the contradictory influences of reports of falling OPEC production and rising US crude inventories,” …
oil prices