Post Tagged with: "Oil Market"

Source: Reuters

OPEC chief says oil market may have upside potential in 2020

Source: Reuters

VIENNA (Reuters) – The oil market outlook for next year may have upside potential, the secretary-general of producer group OPEC said on Tuesday, appearing to downplay any need to cut output more deeply.

The Organization of the Petroleum …


Bank of America Sees Oil Gains in 2019, but That Forecast is Far from Universal


  • A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 and settle at $70 a barrel.
  • But amid mounting global uncertainty on everything from trade and monetary
December 12, 2018 - 2:03 pm Closing Bell Story‎, Energy News, Finance
Oil Market Tightening: IEA Chief

Oil Market Tightening: IEA Chief

From Reuters

NEW DELHI (Reuters) – Global oil markets could tighten towards the end of this year due to strong demand and uncertainty of production in some oil producing nations, the head of the International Energy Agency said.

“Definitely there …

August 31, 2018 - 2:41 pm Closing Bell Story‎, Energy News