Saudi Arabia"s Incredibly Shrinking Inventories
Saudi Arabia"s Incredibly Shrinking Inventories.....»»
Futures Movers: Oil prices fall as U.S. supplies rise a second straight week and Saudi output recovers
Oil futures fall Wednesday as U.S. government data reveal a second weekly climb in domestic crude inventories and reports indicate Saudi Arabia continues to make rapid progress in restoring production after attacks on its facilities earlier this month......»»
Saudi Arabia to restore oil output fully by end of September: energy minister
Saudi Arabia will restore its lost oil output of 5.7 million barrels per day (bpd) by the end of September and has managed to recover oil supplies to the levels they were at prior to weekend attacks on its facilities by drawing from oil inventories......»»
Oil prices drop on swelling U.S. stockpiles, but markets remain tense
Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced......»»
Oil falls on rising U.S. stockpiles, but markets remain tense
Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced......»»
Oil falls after Saudi assurances on market balance, Mideast tensions
Oil prices fell on Tuesday after Saudi Arabia reiterated it would aim to keep the market balanced and try to reduce tensions in the Middle East, while industry data showed a surprise increase in U.S. crude inventories......»»
Saudi Arabia says oil producers want to reduce inventories
Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the needs of what he called a fragile market......»»
Saudi energy minister recommends driving down oil inventories, says supply plentiful
Saudi Arabia's energy minister said on Sunday he recommended driving oil inventories down and that global oil supplies were plentiful......»»
Exclusive: Saudi"s Falih says sees no oil shortage, but OPEC to act if needed
Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market's needs......»»
Exclusive: Saudi"s Falih says oil stocks still building, but OPEC to act if needed
Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that OPEC will be responsive to the oil market's needs, but that he was not sure there is an oil shortage with data, particularly from the United States, still showing inventories building......»»
Exclusive: Saudi"s Falih says not sure there is oil shortage, OPEC will act
Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that OPEC will be responsive to the oil market's needs, but that he was not sure there is an oil shortage with data, particularly from the United States, still showing inventories building......»»
Oil Algos Unsure As Crude Inventories Pop, Production Drops
WTI held on to losses overnight (bouncing of $61) after a big surprise crude build (reported by API) trumped geopolitical risk premia from drone attack in Saudi Arabia. “.....»»
Oil prices inch up on signs of tighter global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil prices inch up on signs of tightening global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil prices steady despite Saudi export cuts, U.S. inventory draw
Oil prices were little changed on Thursday as a drop in crude exports from OPEC's defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check ......»»
Oil prices keep rising as US inventories drop
Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher......»»
Oil climbs on Saudi price ambitions and U.S. stocks draw
LONDON (Reuters) - Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher......»»
Oil near 3-1/2 year highs as Saudi backs higher prices, U.S. stocks draw
SINGAPORE (Reuters) - Oil prices rose on Thursday to their highest in over three years as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies......»»
Oil near late-2014 highs as Saudi backs higher prices
Oil is on the rise as Saudi Arabia withholds supplies and crude inventories declined......»»
Oil near late-2014 highs as Saudi backs higher prices, U.S. crude stocks decline
SINGAPORE (Reuters) - Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies......»»
Oil rises 2% as Saudi Arabia aims at $100/bbl, US stockpiles fall
US crude inventories fell by 1 million barrels last week to 428 million barrels.....»»