Oil Supply
Crude Oil sees second day of losses after IEA and OPEC point to oversupply
Crude Oil sees sharp correction halt after firm talks from Israel’s Galant.Markets see IEA reporting oversupply still continues for at least until New Year.The US Dollar Index orbits around 103.00,
Libya and Saudi Arabia Supply Concerns Send Oil Prices Down
On Thursday, oil prices experienced a significant decline as a result of the potential for additional supply from Libya and Saudi Arabia, which surpassed the heightened tensions in the Middle
Oil Prices Fall as Demand Uncertainty Offsets Libya Supply Concerns
Although losses were limited by supply concerns in the Middle East and Libya, oil prices dropped by about 1% on Wednesday as a result of ongoing worries about Chinese demand
Fluctuating Oil Prices Influenced by Demand Worries and Middle East Tensions
Oil prices experienced significant fluctuations this week. Initially, prices dropped due to concerns over demand, causing Brent to hit a seven-week low of $78.5 per barrel on Tuesday. These losses