Post Tagged with: "Oil demand forecast"

Oil climbs to $60 as Iran tanker attack reignites Mideast risk

Oil climbs to $60 as Iran tanker attack reignites Mideast risk

Source: Houston Chronicle


Oil jumped to $60 a barrel after reports of missile strikes on an Iranian tanker off the coast of Saudi Arabia reignited fears over military escalation in the world’s most important crude-producing region.

Brent futures surged about …

OPEC: Too Close to Call - Oil & Gas 360

Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says 

OPEC may need to cut output to 17-year low to balance market 

From Bloomberg  

Global oil stockpiles swelled surprisingly in the first half of this year as production cuts by OPEC and its partners failed to prevent the return of