Oil is having a losing streak it hasn't seen in over 3 decades — and it may have 'real problems'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Oil is having one of its longest losing streaks ever —and now it faces one key test

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$CVX 119.00 $XOM 80.00

Worldwide Economic Collapse is no test. GoingLower

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blockchain platform goes live for North Sea crude oil tradingOil majors and trading firms can start finalizing crude oil deals on a live bloc... Interesting Nice content!
Source: Reuters - 🏆 2. / 97 Read more »

Oil slides on China trade slump, but crude imports remain highOil prices fell by almost 1 percent on Monday, with Brent crude slipping below $... Nothing to do with BP finding more oil in the Gulf, huh?
Source: Reuters - 🏆 2. / 97 Read more »

Oil falls by 1 percent on China trade slump, although crude imports remain highOil prices fell by 1 percent on Monday, with Brent crude slipping below $60 per ...
Source: Reuters - 🏆 2. / 97 Read more »

CME plans to launch e-auction for U.S. crude oil exportsCME Group said on Tuesday it plans to launch an electronic auction platform with...
Source: Reuters - 🏆 2. / 97 Read more »

Record U.S. crude production weighs on oil pricesOil prices dipped on Thursday as U.S. crude production quickly approached an unp... Say something wise so I don’t go nuts OilChangeUS
Source: Reuters - 🏆 2. / 97 Read more »

Oil prices slip as U.S. crude output nears 12 million bpdOil prices fell on Thursday as U.S. crude production neared an unprecedented 12 ... Views my own. Not a trading advice to anyone. You trade at your own risk.
Source: Reuters - 🏆 2. / 97 Read more »

China Offers Iran $3 Billion Oil-Field Deal as Europe Halts Iranian Crude PurchasesChina’s state-run energy giant is seeking to take advantage of waivers allowed under U.S.’s Iran sanctions even as two European nations have ended crude purchases. China paid trump billions for destroying us credibility Securities in Blokchain technology in 2019. part of Pres. Trump's - 'make America great again' policies? letting opportunities pass to the enemy.
Source: WSJ - 🏆 98. / 63 Read more »

Oil prices edge up as OPEC says its crude output fell sharply in DecemberU.S. oil prices inched higher on Friday after a report from the Organization of ... KremlinRussia_E Hmm I wonder what fuel prices would be if we haven't been at war for the past 18 years.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. crude gains, slowing global economy challenge oil market in 2019: IEAU.S. oil production growth combined with a slowing global economy will put oil p... World economy has been sliding. At the same time the US economy is growing.
Source: Reuters - 🏆 2. / 97 Read more »

Petronas-Saudi RAPID refinery begins trials on crude oil unit: sourcesMalaysian state oil company Petronas [PETR.UL] started trial runs at the crude d... Oil development in the South China Sea will devastate the Middle East economy.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. oil drillers aren’t producing as much crude as forecast, finds WSJ reportThousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower. Very good...
Source: MarketWatch - 🏆 3. / 97 Read more »