CRUDE OIL PRICES MAY REACH $100 BUT SUSTAINABILITY IS UNCERTAIN
Crude oil

CRUDE OIL PRICES MAY REACH $100 BUT SUSTAINABILITY IS UNCERTAIN

*US oil production hit 13 million bpd in September matching the record output from November 2019 *why does the sustainability of crude at $100 look difficult? Brent futur ....

IN AUGUST GLOBAL CRUDE OIL DEMAND MIGHT REACH A NEW PEAK
Crude oil

IN AUGUST GLOBAL CRUDE OIL DEMAND MIGHT REACH A NEW PEAK

*Crude oil investors remained focused on jackson hole symposium *US crude output reached 12.8 million barrels in the week to August 18 Crude oil investors remained focused ....

LOWER SUPPLY OF CRUDE OIL INTO THE GLOBAL MARKET PUSHED THE PRICES UP
Crude oil

LOWER SUPPLY OF CRUDE OIL INTO THE GLOBAL MARKET PUSHED THE PRICES UP

*Brent crude to average $80 a barrel in 2023 *Indian oil demand totaled 19.31 million ton in June down from 20.06 million ton in May Crude oil prices rallied last week and ....

CRUDE OIL IS STARTING TO PRICE IN THE POSSIBILITY OF ANOTHER PRODUCTION CUT
Crude oil

CRUDE OIL IS STARTING TO PRICE IN THE POSSIBILITY OF ANOTHER PRODUCTION CUT

*Crude oil falls on conflicting OPEC+, Russia messages amid stronger dollars *Oil’s short positions are considerable, at 184 million barrels as of May 16 *Saudi energy mini ....

POST-PANDEMIC RECOVERY IN JET FUEL CONSUMPTION AS PENT-UP DEMAND FOR CRUDE OIL
Crude oil

POST-PANDEMIC RECOVERY IN JET FUEL CONSUMPTION AS PENT-UP DEMAND FOR CRUDE OIL

*China is expected to import a record amount of crude oil in 2023 *India’s Russian oil imports climbed to a record 1.4 million barrels per day in January Oil prices went ....