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OECD CRUDE INVENTORIES
Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...- JP Morgan lowers Brent crude price forecast for second-half 2026J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...
- Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- JP Morgan sees Brent staying in low $100s even if Hormuz reopens in JuneJP Morgan's revised framework assumes that the pace of oil inventory depletion will ultimately force the Strait to reopen "one way or ano...
- Europe's jet fuel imports from Middle East stop, raising supply crunch fearsEurope's jet fuel imports from the Middle East are stopping. This could cause a shortage before summer travel. Jet fuel prices are high, ov...
- Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
- Oil prices edge higher as Saudi cut outweighs bearish backdropBrent crude futures were up 31 cents, or 0.4%, at $76.60 a barrel at 1338 GMT, while U.S. West Texas Intermediate crude futures gained 40 c...
- View: World’s oil glut is much worse than it looksThe oil producing nations may to have to consider both longer and deeper cuts.
- Oil prices dip as US crude stocks swell amid record productionUS crude oil production remained at a record 12.1 million barrels per day (bpd)
- Oil prices fell in March; supplies, inventories ease, says IEAThe global supply of oil fell, inventories eased even as crude oil prices dropped under the weight of renewed pessimism for global economic...
- Crude oil: Prices likely to be firmIt has been a remarkable year for crude oil as the demand-supply fundamentals have undergone a metamorphosis.
- Oil hovers below $78 after US crude supply dropOil prices hovered below $78 a barrel Thursday in Asia after strong gains the previous day on a drop in U.S. crude supplies.
- Oil hovers below $87 after mixed US supply reportOil prices hovered below $87 a barrel Wednesday in Asia after a report showed U.S. gasoline supplies fell more than expected last week whil...
- Crude oil likely to consolidate at $85-90
- Weak demand may pose risk to marketAlthough hopes of economic recovery and an upturn in demand drove crude oil prices to over $75 per barrel, a further rise appears doubtful.
- Weak crude oil demand may pose risk to marketAlthough hopes of economic recovery and an upturn in demand drove crude oil prices to over $75 per barrel, a further rise appears doubtful.
- Oil above $68 on weaker US dollar, OECD forecastOil prices traded higher as the US dollar weakened slightly against the euro and the OECD was optimistic about the recovery of the global e...
- Oil up near $69 on weaker dollar, OECD forecastOil prices rose to around $69 a barrel as the US dollar weakened slightly against the euro and the OECD was optimistic about the recovery o...
- World is not running out of oil: Christof RhlThe sharp spurt in crude prices to over $147/barrel raised the spectre of prices touching $200/barrel.
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