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Crude Oil - Declining U.S. Petroleum Inventories Push Oil Prices Higher
Despite a crude oil inventory build in the latest EIA report, U.S. commercial petroleum stocks have declined in most of the weeks in the past year and a half, falling below seasonal averages for the ...
ConocoPhillips CEO Sees More Oil Industry Consolidation
ConocoPhillips' CEO Ryan Lance is bullish on the price of oil, the executive said on Monday at the Argus Americas Crude Summit in Houston. Lance further expressed his view that the U.S. oil ...
WTI Crude Oil Forecast: Market Struggles to Kick Off Week
The West Texas Intermediate Crude Oil market initially tried to rally on Monday but found the area above the $85 level to be a bit too much ...
India's oil import bill poised to zoom past $100bn, as crude prices hit seven-year highs
The country spent $82.4 billion in the first nine months of the ongoing fiscal year (April-December), according to government data ...
Crude Oil Futures: Further decline on the cards
CME Group’s flash readings for crude oil futures markets noted traders added nearly 22K contracts to their open interest positions on Monday, extending the choppy activity seen as of late. Volume, ...