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Tag Archives: oil

Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil...

But Citi thinks robust U.S. shale productivity and an improved outlook for projects in nations such as Mexico, Guyana, Brazil and Canada can keep the market balanced and prices capped around $60 through...

“The EIA data suggest the U.S. oil market is becoming more balanced, with crude inventories falling,” said Tamas Varga, senior market analyst at London brokerage PVM Oil Associates. “But...

Data published late on Wednesday by the Energy Information Administration (EIA) showed that commercial U.S. crude oil stocks have fallen by almost 13 percent from their peaks in March to 466.5 million...