Oil Sinks as Oversupply Pressures Intensify
Oil settled sharply lower as growing supply and fragile demand pushed WTI below $55 a barrel.
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NEWS
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- Tue 16th 22:21 Oil Sinks as Oversupply Pressures Intensify
- Tue 16th 21:00 Russia Oil Prices Hit Lowest Since War Began
- Tue 16th 16:08 EIA Again Raises WTI Price Forecast for Both 2025 and 2026
- Tue 16th 14:14 Phillips 66 Budgets $2.4B for 2026
- Tue 16th 14:00 Chevron Reduces Price for Venezuelan Oil
- Tue 16th 13:32 USA Emerges as World's Hydrocarbon Superpower
- Tue 16th 11:55 Pembina Completes Remarketing of Cedar LNG Share
- Tue 16th 10:49 TotalEnergies, Galp Agree Exchange Involving Mopane, Venus Discoveries
- Tue 16th 08:33 Venezuela Reports Oil Export Outage after Cyberattack
- Tue 16th 08:23 Uniper Launches Sale of Baltic Pipeline Stake
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