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Tag Archives: OPEC

“We should remember that although stocks are beginning to fall, they’re falling from a very great height,” Neil Atkinson, head of the oil industry and markets division at IEA,”...

Crude inventories declined by 7.8 million barrels in the week to 478.4 million, compared with analyst expectations for a decrease of 2.7 million barrels. The U.S. Energy Information Administration...

Spencer Platt | Getty Images An oil well owned and operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. Oil prices fell on Thursday,...

U.S. crude prices held below $50 per barrel despite record gasoline demand of 9.84 million barrels per day (bpd) last week and a fall in commercial crude inventories in the week to July 28 of 1.5 million...