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Apr 11, 2017
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#41
Prices Rise As Saudi Exports Hit 33-Month Low
Saudi Arabia’s crude oil exports in June dropped to their lowest level in 33 months, while Saudi oil inventories were down to a level last seen in early 2012, according to data by the Joint Organizations Data Initiative (JODI), suggesting that Saudi exports had likely further dropped in July and continue to fall in August. Click here for more
 

xResearch

Active Member
Apr 9, 2017
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#42
A War With North Korea Could Send Oil Prices Skyrocketing
An open military conflict in Northern Asia would disrupt more than a third of global seaborne crude oil trade, Wood Mackenzie warned last week amid yet another escalation between North Korea, its neighbors, and the U.S. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
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#43
US crude jumps 2.9% to three-week closing high of $48.66 as refineries restart after Harvey
Oil and gasoline prices snapped back to levels seen before Hurricane Harvey disrupted about a quarter of U.S. refining capacity, but another incoming storm could cut fuel demand and weigh on prices, analysts said on Tuesday. Click here for more
 

xResearch

Active Member
Apr 9, 2017
1,537
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#44
US oil prices edge up
US oil prices edged up on Tuesday as the gradual restart of Gulf of Mexico refineries following forced shutdowns due to Hurricane Harvey raised demand for crude, their most important feedstock. The return of many US refineries ended a spike in gasoline prices as initial fears of a serious supply crunch faded.
https://www.dawn.com/news/1355808/us-oil-prices-edge-up