United States Congress debates surrounding a military strike against Syria pushed fears of crude oil supply disruptions in the Middle East under the rug on Wednesday. But according to market experts, whether or not the US strikes out against Syria, the oil market is in for a bullish time.
Articles Tagged "US"
Reuters reported that oil fell to its lowest in three weeks as demand for commodities weakened and investors are worried the United States central bank might scale back its program of putting liquidity to financial markets. As quoted in the market news: In Thursday’s session, oil prices fell another 2 percent, with London’s benchmark Brent [...]
Reuters reported that the prices of oil went up on heightened concerns on gasoline supply which rose 2% in the United States.
Bloomberg reported that the president of oil-rich Azerbaijan, President Ilham Aliyev, is considering making investments in Asian and Latin American markets.
Reuters reported that Iran’s crude oil exports leaped in December and were at peak levels since the EU sanctions took effect in July.
Reuters reported that Brent-US crude oil rose to $112 a barrel on Monday, as a result of a stronger gasoline and diesel market, a weak U.S. dollar, as well as investors weighing in on a statement from Saudi Arabia, which disputed claims that the country has altered its output policy.
Reuters reported that oil prices went down Wednesday as U.S. fuel stocks went up. Gold and natural gas are also slipping.
Bloomberg reported that the United States Interior Department will review the oil and gas exploration in the Arctic waters in Alaska, a move that was prompted by the mishaps that took place in the Royal Dutch Shell Plc (LON:RDSA) drilling rig recently.
Bloomberg reported that Iran’s crude oil shipments have dropped at least 40% in the last nine months as the United States and European Union tighten their sanctions in their aim to deter its nuclear program.
With its soaring oil and gas production will push North America into becoming a net energy exporter by 2025, Exxon Mobil said in its annual energy outlook.