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Home»Tag: Oil

Tag Archives : Oil

Oil prices slightly lower on supply-side strains
Business

Oil prices slightly lower on supply-side strains

Saheli 29 Mar 2016 286 Views

NEW YORK, March 28 — Crude oil prices traded slightly lower early Monday as supply strains built up against expectations of some form of cut from major producers next month. The Iranian Oil Ministry’s news website Shana reports Iran exported around 14 million barrels of crude oil to European buyers ... Read More »

Oil economy of Texas shows mixed success
Business

Oil economy of Texas shows mixed success

Saheli 29 Mar 2016 250 Views

DALLAS, March 29  —Construction tied to the natural gas and renewable energy sectors helped add to contract values in Texas, a report from the Dallas Federal Reserve found. A report last week from the bank suggested the oil-rich economy in Texas was facing headwinds because of pressure from lower crude ... Read More »

Oil dealt major blow as supply-side strains persist
Business

Oil dealt major blow as supply-side strains persist

Saheli 29 Mar 2016 298 Views

NEW YORK, March 29  — Concerns about U.S. monetary policy moves and ongoing supply-side strains sent crude oil prices plummeting in early trading Tuesday. Industry data show U.S. stockpiles of crude oil remain at 80-year highs despite signs of a slowdown in domestic crude oil production. A recent drilling survey ... Read More »

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