Tags » Oil Markets

Oil markets mixed as US crude, Brent move in opposite directions

CNBC

  • Oil markets were split on Tuesday, with U.S. crude pushed up by reduced flows from Canada.
  • Traders said the higher WTI prices were a result of reduced flows from Canada’s Keystone pipeline.
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Oil prices dip as US output rises, but still on pace for monthly gains

CNBC

  • Oil markets remain supported by OPEC-led production cuts.
  • A weakening dollar has also supported crude futures.
  • However, U.S. production is expected to hit 10 million barrels per day soon, and Canadian output is also rising.
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Lithium And The Future of Commodity Markets

BY: STEPHEN BARRY

With climate change becoming a more pressing international issue, some investors are concerned about the profitability of the global petroleum industry; those investors hoping for strong returns on their capital should consider the potential of lithium. 893 more words

Climate Change

Oil near 3-year highs on output cuts despite rising North American rig count

CNBC

  • Oil prices held just below December 2014 highs on Monday
  • Oil markets have been well supported by production cuts led by OPEC and Russia which are aimed at propping up crude prices…
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China Expected to Shake Up Oil Markets

China is preparing to launch an oil futures contract based on its domestic currency instead of dollars in an effort to promote the renminbi as a global reserve currency. 196 more words

Politics

Oil dips away from 3-year highs on signs of overheated market

CNBC

  • Oil inched away from three-year highs on signs a 13-percent rally since early December may have run its course
  • Oil markets have so far been generally supported by a production cut led by OPEC and Russia…
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Oil Slips From Highest Since Mid-2015 as Trading Volume Muted

Bloomberg

By Alex Longley and Heesu Lee

December 26, 2017, 7:38 PM EST Updated on December 27, 2017, 9:00 AM EST

  • Brent crude drops 1% to $66.34 a barrel in London trading…

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