Post Tagged with: "production and demand"

Column: U.S. petroleum stocks nearing normal after wild 2020

Column: U.S. petroleum stocks nearing normal after wild 2020

Reuters


LONDON – U.S. petroleum inventories ended last year approaching normal levels, as excess crude and product stocks accumulated during the Saudi-Russian volume war and coronavirus lockdowns were absorbed successfully.

Column: U.S. petroleum stocks nearing normal after wild 2020- oil and gas 360- oil and gas 360

Total stocks of crude and products, excluding oil stored in …

Source: Reuters

Oil slips, set for 20% annual drop in tumultuous 2020

Reuters


NEW YORK  -Global crude prices slipped on Thursday and lost more than a fifth of their value in volatile trade in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and slammed fuel demand.

Still, Brent and …