Crude oil prices continued to slide this week, moving into either seventh consecutive weekly decline. This is now the longest consecutive losing streak in oil since the markets collapsed in 2014 and many market participants are fearing that… Read More
Crude oil prices were lower this week as the latest report from the Energy Information Administration showed that US crude oil stockpiles rose again last week. In the week ending October 12th, US crude oil inventories rose by 6.5 million… Read More
Crude oil prices rose further this week, trading up to fresh seven-year highs, before retracing slightly in response to developments with Saudi Arabian output and the latest US inventory data.
Speaking mid-week, Khalid al-Falih, the… Read More