In One Chart: Here’s a ‘surefire sign’ crude-oil supplies are running tight as users ‘scramble for barrels’
Oil markets are tight. For proof, look no further than the spread between nearby and longer-dated Brent futures contract...
Search by tag: barrels
Oil dips as U.S. crude output hits record 12 million barrels per day
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd...
The Wall Street Journal: OPEC daily production falls by about 800,000 barrels, according to monthly report
OPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebala...
Trump says Saudi king agreed to raise oil output by up to 2 million barrels
WASHINGTON/RIYADH (Reuters) - U.S. President Donald Trump said on Saturday that Saudi Arabia's King Salman had agre...