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179 words • advanced • 2 years, 11 months ago
business
"Photo Credit: Arabianeye-Reuters 13 January 2016 10:04 AM By: Ahmad Awad Kuwait-Mubasher: The price of Kuwait’s crude oil continued to plunge to $22.56 per barrel on Tuesday, approaching $20 per barrel. The slash in prices comes from pressures ..."
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571 words • advanced • 3 years, 1 month ago
business
"Australia, US appetite lift South Korea's oil exports Seoul (Platts)--4 Nov 2015 204 am EST/704 GMT South Korea's oil product exports jumped 12.8% on year in the third quarter as buoyant demand from Australia, US and Malaysia helped to offset a slo..."
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349 words • advanced • 2 years, 10 months ago
business
"The International Energy Agency on Tuesday warned oil prices could fall again as Iranian output increased as part of a broader surge in OPEC output. The news come after oil sanctions against Tehran were lifted and members of the Organization of the ..."
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190 words • advanced • 3 years ago
business
"Oil prices dropped on Friday as market expected that supplies would exceed the demand. The US crude supplies of last week gained 1 million barrels to 488.2 million barrels, 105.2 million barrels more than one year before, the US Energy Information A..."
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560 words • advanced • 3 years, 4 months ago
oilgas
"Sam Green of Boulder Beer would love to make sure everyone got to taste the brewery’s wine barrel-aged beers, Xena Warrior Princess and Patchouka Sunrise. He really would. But it’s just not that easy anymore. “Those were extremely popular when ..."
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555 words • advanced • 3 years, 1 month ago
business
"Actively Discussed Posts 3 days ago Drop In US Oil Output Offset By OPEC's Glut 3000 comments 4 days ago The Strategic Petroleum Reserve 4216 comments 4 days ago Hess Transformation to Speedway Three-Quarters Complete 2503 comments 6 days ago Avoid ..."
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321 words • advanced • 3 years, 3 months ago
business
"The Organization of the Petroleum Exporting Countries cut its forecast of oil supplies from nonmember countries in 2015, a sign that crude’s price collapse is hitting U.S. shale drillers and other competing sources. In its closely watched monthly ..."
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72 words • advanced • 2 years, 9 months ago
oilgas
"Oil futures top $60 a barrel By Myra P. Saefong Published: Jun 9, 2015 2:46 pm ET Oil futures reclaimed the $60-a-barrel level on Tuesday to settle at their highest in a week. Traders assessed the latest forecasts for U.S. oil production and await..."

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72 words • advanced • 3 years, 3 months ago
oilgas
"01 September 2015 09:27 AM The price of Kuwaiti crude oil increased $2.26 to settle at $46.64 per barrel on Monday’s trades as compared to $44.38 on Friday, said Kuwait Petroleum Corporation (KPC). Brent crude oil rose 8.2% or $4.1 to reach $54.1..."
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284 words • advanced • 2 years, 6 months ago
business
"Oil prices inched towards USD 50 a barrel in early Asian trade on Thursday, after US government figures showed a sharper-than-expected drawdown of crude stocks last week as imports dropped. Buoyant stock markets also supported prices, with the Dow Jo..."
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319 words • intermediate • 2 years, 9 months ago
business
"Global demand for oil is rising, says IEA By Summer Said Published: Jun 11, 2015 4:12 am ET Global oil demand in 2015 will be higher than previously forecast, as economic growth, colder winter weather conditions in many large consuming countries a..."
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440 words • advanced • 3 years, 4 months ago
business
"OPEC on Tuesday upped its forecast of oil supply from nonmember countries in 2015. Oil prices have been more unpredictable because of the unknown factors around the impact on US shale production, a relatively new phenomenon. Production increased by ..."
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309 words • advanced • 2 years, 5 months ago
business
"Oil glut seen easing Supplies of crude oil and demand for the stuff will strike a balance in the second half of this year, though there is concern over how much Britain’s decision to leave the European Union will impact the market, according to re..."
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202 words • intermediate • 2 years, 10 months ago
oilgas
"With the price of oil at about $30 per barrel, consumers are spending less than half of what they paid only 18 months ago to fill their cars’ gas tanks when oil was selling for $100 per barrel and gas for $3.50 per gallon. While consumers are smil..."
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168 words • advanced • 2 years, 12 months ago
business
"Oil prices will trade above $100 per barrel - just not anytime soon. According to OPEC's report , oil costs (in real terms) will rise to $70 per barrel in 2020, and remain below $100 per barrel for the following 20 years, reaching as high as $95 per..."
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190 words • advanced • 2 years, 11 months ago
business
"US oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained extremely bearish due to huge unused amounts of petroleum sitting idle in storage tanks and as China's economy was showing no signs of recovery..."
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425 words • advanced • 3 years, 1 month ago
business
"US crude stocks up for 7th week; imports, distillates rise Friday, 13 November 2015 01:15 Posted by Imaduddin NEW YORK: US crude stocks rose last week as imports jumped, while swollen gasoline stocks decreased and distillates unexpectedly rose as r..."
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111 words • advanced • 3 years, 3 months ago
oilgas
"Bank says prices could go to $20 a barrel Saudi Arabia gained the whip hand yesterday in its battle against America’s shale industry as new figures showed oil production by non-Opec members is set to crash next year by the largest amount in 24 yea..."
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190 words • advanced • 2 years, 11 months ago
business
"US oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained extremely bearish due to huge unused amounts of petroleum sitting idle in storage tanks and as China's economy was showing no signs of recovery..."
barreldatumdistillateeconomyfuelgasolineglobalhugeincreaseoverallproductionrecoveryrespectivelyriseslowdownstockpilesuggestsupplytrading

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202 words • intermediate • 2 years, 10 months ago
oilgas
"With the price of oil at about $30 per barrel, consumers are spending less than half of what they paid only 18 months ago to fill their cars’ gas tanks when oil was selling for $100 per barrel and gas for $3.50 per gallon. While consumers are smil..."
barrelconsumercrudecurrentdatumdependenteconomygallonproduceproduction

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