Oil prices fell Tuesday after a top energy watchdog said the global crude glut—which has battered prices since last year—will continue into 2016.
Stories Related to Oil Falls On Pessimism About Oversupply
WSJ.com About China, Wall Street Journal: World: China
Tue, 10/13/2015 - 12:30pm
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BING NEWS:
- Global oil markets likely to face large supply deficits soon, says report
The banking group said the price falls were based on a combination of factors, most notably macroeconomic pessimism and speculative shorts. The group forecasts a decline to around $60/bbl for Brent ...
06/12/2024 - 7:37 pm | View Link - Marathon Oil Stock: A Solid Prospect In The Current Environment
Since then, shares have generated a hefty 25.3% return. While this is impressive in and of itself, it falls short of the 27.7% increase seen by the S&P 500 over the same window of time.
05/17/2024 - 5:10 am | View Link - Standard Chartered Analysts Flag Oil Trader Pessimism
Finding the source of this pessimism raises another set of questions ... we believe the odds are greater that oil falls below $80 versus consistently rising above $90 given the slow but steady ...
05/8/2024 - 11:51 pm | View Link - BOK rate cut elusive amid high oil prices, plunging won
Anchoring the pessimism are elevated oil prices amid fears of wider war in the Middle East and consequent spike in import prices and shipping costs. Equally concerning is the accelerated ...
04/23/2024 - 2:21 am | View Link - More
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