The Glut Drowning the Oil Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The world is awash in oil and, with prices so low, demand for storage space is skyrocketing

U.S. commercial crude stockpiles are rising at the quickest pace ever in data going back to 1982. The Cushing, Okla., trading hub.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Time for refineries, etc. to have some maintenance turnarounds.

TankersTmoney Oil tanker shipping OOTT $FRO $ADSCME $INSW $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

Awash in oil and money...

How would some of the Gulf monarchies fund extremists around the world?

The other growth commodity: CASKETS!

25 bucks filled up my car today, i was like damn, im pretty sure i can handle this..

If the world is awash with oil and there is little demand (I haven't bought diesel/gas for nearly 2 months) why keep producing it?

Why not leaving in the ground?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens WednesdayDow futures rise as U.S. oil prices rose for a sixth consecutive session. Who’s wrong?
Source: CNBC - 🏆 12. / 72 Read more »