US crude falls into bear market as growing oil output points to oversupply

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Oil rose on Thursday, recovering modestly from this week's three-week lows, after record Chinese crude imports soothed some concern that demand in the world's largest commodity buyer may be flagging just as global supply is rising.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

We have been over supplied for the last 6 yrs .

Iran who? Russia is really going to need extra oil.

Excellent timing to squeeze Iran all the more with sanctions

Again I say, selfishly I suppose, I am soooooo loving low pump prices. I'll bet those just trying to get to their jobs would agree.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Oil rises as China reports record crude imports, but soaring U.S. output keeps market in checkOil prices rose on Thursday after record Chinese crude imports eased concerns th... Dedicated Surgeon Treks 8 Miles Through Snow to Operate on Cancer Patient bCO
La source: Reuters - 🏆 2. / 97 Lire la suite »

US crude closes in bear market territory, settling at $60.67, down 21% from 52-week highU.S. crude prices dropped for a ninth consecutive session on Thursday, falling into a bear market, on further signs of growing supply. The Middle East is dumping cheap oil in the market, shouldn't President Trump be calling for trade talks and putting tariffs on Middle East oil? rising output - yes...deteriorating demand - no. Does it bring you joy to see our economy perform bad for the sake of making our duly elected PRESIDENT look bad? Vile!
La source: CNBC - 🏆 12. / 72 Lire la suite »

US oil falls below $60 as US bear market deepensBoth Brent and U.S. West Texas Intermediate crude oil futures have declined by about 20 percent from four-year highs seen in early October. Some bear markets are more popular than others. crude crudeoil oil Trading_Tech For webmasters who need partners in doing this time job, there is an easier way. Nice!
La source: CNBC - 🏆 12. / 72 Lire la suite »

Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems lossesOil prices dipped on Thursday after U.S. crude inventories increased to their hi... Are you looking for a logo designer? Please check out gig Temporarily CB.cxx
La source: Reuters - 🏆 2. / 97 Lire la suite »