14 Jul Oil Bulls’ Will Broken as Roiled Economies Pose Risk to Growth

Posted at 10:00h in Global Energy Industry News

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By hellenicshippingnews Speculators retreated from bullish oil bets at the fastest pace since 2012 on mounting concern that economic turmoil in Europe and Asia will prolong a supply glut. The net-long position in West Texas Intermediate crude fell 20 percent in the week ended July...

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10 Jul Oil may have further to fall due to oversupply-IEA

Posted at 09:00h in Global Energy Industry News

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LONDON, July 10 (Reuters) - Massive oversupply is likely to push oil prices down even further, the International Energy Agency (IEA) said on Friday, adding that the rebalancing of the market was likely to last well into 2016. Read full story › Source:: Reuters UK Natural Resources       ...

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09 Jul Oil price, Premier, And finally…

Posted at 10:28h in Global Energy Industry News

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Oil price A very quick blog today partly as there is not much news out there and partly as I am headed to the smoke to see Rob Shepherd amongst others in a tubefree environment. All quiet on the t Read full story › Source:: Oil Voice       ...

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09 Jul China to let independent refiners import more crude

Posted at 10:28h in Global Energy Industry News

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SINGAPORE/BEIJING, July 9 (Reuters) - China is opening its crude oil imports to buyers outside of the state-owned sector, and independent refiners could get approvals for up to 600,000 barrels per day (bpd) in shipments this year. Read full story › Source:: Reuters UK Natural Resources       ...

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