New York — Oil prices rose on Wednesday after U.S. data showing a hefty drawdown in gasoline stocks overshadowed crude…
Browsing: Saxo Bank
16 August 2018, New York — Oil rose slightly as global markets steadied on Thursday, recovering some of the previous…
23 May 2018, News Wires – Oil eased on Wednesday, under pressure from a potential increase in OPEC crude output to…
“2017 to 2019 is likely to see the largest increase in mega projects production in history, as the record 2011-13 capex commitment yields fruit. This long-lead-time wave of projects and a short-cycle revival, led by United States shales, could create a material oversupply in 2018-19,” Goldman Sachs said in a note.