Post Tagged with: "tight supply outlook"

Source; Reuters

OPEC+ members send less oil to U.S., adding to tight supply outlook

Nasdaq


NEW YORK – U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in the U.S. while supporting other markets including Europe, according to flows data and analysts.…

Source: Reuters

Oil little changed as demand worries face tight supply outlook

BOE Report


Oil prices rose slightly on Wednesday as traders remained cautious after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weaker-than-expected economic data from the United States and China.

U.S. West Texas Intermediate …