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Crude Oil Price Dips Slightly on Lower Inventory, but Higher Exports

24/7 Wall ST - 11/22/2017 2:56:00 PM
If Russia agrees to an extension to the production cuts, that could provide just the impetus necessary for a “small” shock that could send crude prices sharply higher and crimp GDP growth. Week over week, U.S. crude oil exports rose by 462,000 barrels ...

Crude Oil Prices Remain Moderately Higher in Quiet Trade - 11/21/2017 1:50:00 PM - Crude oil prices remained moderately higher in quiet trade on Tuesday ... together with a group of non-OPEC producers led by Russia, has been restraining output since the start of this year in a bid to end a global supply overhang and ...

Crude Oil Prices Eye Inventory Data After Largest Drop in 2 Months

MENAFN - 11/15/2017 3:22:35 AM
Crude oil prices sank, suffering the largest daily loss in two months ... Reports that OPEC is struggling to convince Russia to participate in an output cut extension might compound selling pressure. Gold prices continued to mark time in familiar territory.

Rosneft Q3 earnings lifted by rising crude oil prices

SteelGuru - 11/16/2017 7:06:01 AM
REUTERS reported that Russia's largest oil company Rosneft reported an 80% rise in third-quarter net income thanks to rising crude prices and said it had paid Iraqi Kurdistan a total of USD 1.3 billion in advance in 2017 for the development of its oi.....more

Crude Oil Prices - Weekly Outlook: November 20 - 24

Yahoo Singapore Finance - 11/19/2017 1:38:46 PM - Crude oil prices jumped on Friday, but failed to offset their first ... Meanwhile, growing concern that Russia was reluctant to support an extension of an existing OPEC-led production cut agreement further weighed. Under the original ...

The Saudi-Russia Factor In Crude Oil

Seeking Alpha - 10/17/2017 11:33:23 AM
We did not get a seasonal rebound in the spring and summer months, so I am not quite sure how we will get a price spike in crude oil when seasonal demand is weak, geopolitical risks notwithstanding. There is no doubt that a warming of Saudi-Russia ...

U.S. oil prices near 2-year high on pipeline shutdown, falling inventories

Reuters - 11/23/2017 3:48:00 AM
SINGAPORE (Reuters) - U.S. oil prices remained near two-year highs ... United States from the world’s biggest importer of crude oil into a significant exporter, with production now second only to Russia and Saudi Arabia.

Crude Oil Market: What Do Short Sellers Think?

Market Realist - 11/20/2017 1:31:00 PM
Success! has been added to your Ticker Alerts. However, crude oil prices fell last week partially due to doubts that Russia might support extending the production cuts. On November 16, 2017, Saudi Arabia’s energy minister showed interest in expanding ...

Russia's budget deficit indicative of growth

United Press International - 11/22/2017 12:48:00 PM
22 (UPI) --Russia's budget deficit is moving in a direction indicative ... Earlier this year, Oreshkin said the resiliency of U.S. shale to lower crude oil prices may put a ceiling over the price of oil, which was below $50 per barrel at this time.

Oil Prices Unmoved By Bullish EIA Report

Yahoo Finance - 11/22/2017 4:36:00 PM
A day after the American Petroleum Institute helped prop WTI up by reporting a 6.356-million-barrel inventory draw, the Energy Information Administration chimed in, reporting a much smaller decline of 1.9 million barrels in crude oil inventories for the ...