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Oil Price - Oil prices stable as Venezuelan supply disruptions balance surplus concerns
By Robert Harvey LONDON, Dec 15 (Reuters) - Oil prices held steady on Monday as investors balanced supply disruptions linked to escalating U.S.-Venezuela tensions with oversupply concerns and the ...
Oil rises as Venezuelan supply disruptions outweigh surplus concerns
Oil prices climbed today as supply disruptions linked to escalating US-Venezuela tensions outweighed oversupply worries and the impact of a potential Russia-Ukraine peace deal.
Crude Oil Price Outlook – Crude Continues to Look for a Reason to Rally
Crude oil remains under sustained pressure, with rallies viewed as selling opportunities amid persistent oversupply and soft demand. Both WTI and Brent show downside bias unless key resistance levels ...
The whale oil lesson markets shouldn’t ignore
As the transition from harpoons to hydrocarbons showed, shifts in energy systems take time and prices can be volatile ...
Oil Prices Drop 2% Despite Wave of Bullish News
Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the Caspian Sea, oil prices surprisingly fell nearly 2% as market sentiment took ...