Post Tagged with: "lower production"

Source: Reuters

Oil prices rise after sharp losses caused by U.S. stockpile surge


LONDON – Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a build-up in U.S. inventories may mean producers have little option but to cut output as the coronavirus pandemic ravages demand.…

Oil Prices See $50 Again

Oil Prices See $50 Again

Falling Rig Count, CapEx Cuts Having Impact

Groundhog Day might have been a scare for two out of three groundhogs, but not for the world’s oil bulls.

In spite of warnings of a short-lived rally from some banks, oil prices …

February 2, 2015 - 6:05 pm Commodity Pricing, Oil and Gas 360 Articles