The US Department of Energy has revised its forecast for US crude oil production slightly downwards for this year and next, Commerzbank’s commodity strategist Carsten […]
Tag: Crude
Crude Oil shrugs off API stocks buildup, etches in another gain on Tuesday
WTI climbed back above $80.00 on Tuesday as bullish recovery continues. Hopes of a summertime uptick in demand are bolstering Crude Oil bets. Energy traders […]
Crude Oil stumbles amidst energy market jitters, WTI falls into a second month of losses
WTI fell into the red for the week, etching in a second month of declines. US Crude Oil production remains a concern despite downturn in […]