Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn  CNBCUS crude up by 2.9%, at $20.68 a barrel | Oil prices | US Crude Oil | World News  WIONThe Inevitable Collapse Of Global Oil Production  OilPrice.comThe Other Emergency Is Crashing Oil Prices  ResilienceThe Oil Price War Pits Efficiency Against Security  ForbesView Full coverage on Google News

CNBC

Habari Zinazoendana

5 years ago

The Guardian

25 Mar

Oil price may fall to $10 a barrel as world runs out of storage space

Oil price may fall to $10 a barrel as world runs out of storage space  The GuardianSaudi Arabia And The U.S. Could Form The World's Newest Oil Cartel  OilPrice.comOil extends gains as optimism over US stimulus lifts global markets  CNBCCommentary: Saudi Arabia's new, radical oil strategy aims to keep prices low  CNAGuest Opinion: Trump should put tariff on oil imported from Saudi Arabia  Midland Reporter-TelegramView Full coverage on Google News

 

5 years ago

Financial Times

30 Mar

US crude oil price falls below $20

US crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergCrude oil futures slide as pandemic darkens demand outlook  CNBCWhy Saudi Arabia is likely to blink first in oil price war with Russia  South China Morning PostWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News

 

9 years ago

TheCitizen

30 Nov

Rate cut, more stimulus in store at ECB meet: analysts

The ECB will roll out its big guns at its monetary policy meeting this week, ramping up its trillion-euro asset purchases and cutting key rates to hike weak inflation, analysts said.

 

9 years ago

TheCitizen

05 Oct

China eyes oil shake-up with new crude contract

China is seeking to assert its growing influence on global oil markets with a yuan-denominated crude futures contract expected to be launched this year. At the same time, analysts warn that the second-largest oil consumer after the United States will struggle to compete with more established benchmarks such as London’s Brent North Sea crude and New York’s WTI.

 

5 years ago

Bloomberg

12 Apr

Saudis Delay Crude Pricing Decision as Oil-Cut Talks Drag On

Saudis Delay Crude Pricing Decision as Oil-Cut Talks Drag On  BloombergU.S. senators hold call with Saudi officials urging them to put oil cut in motion  ReutersOPEC and G20 Meeting Outcome Increases Instability in the Oil Market  FX EmpireThe U.S.-Saudi-Russia Oil Cease-Fire Won’t Last  BloombergOPEC+ and the G-20 Say ‘Yes' To Duress  BloombergView Full coverage on Google News

 

10 years ago

TheCitizen

17 Jan

EDITORIAL: Oil: Tell us all about prices

>There is no doubt that fuel is a key driver of any economy. Following the trend of falling prices of fuel products at the world market since last June, Tanzanians have been asking how it is that pump prices in the country do not seem to reflect the change.

 

10 years ago

TheCitizen

03 Oct

Relief as oil prices decrease

Oil prices have decreased. The fall follows changes in the world market.It has been difficult for petrol users in the last three months as its price escalated.

 

10 years ago

TheCitizen

13 Jan

Oil prices to remain low: WB

>Oil prices, which tumbled again yesterday, are likely to remain low throughout 2015, the World Bank has said.

 

10 years ago

TheCitizen

01 Jul

Oil prices up as budget implemented

>As Tanzanians wake up to see rising prices of all petroleum products, the importation coordinator says that the country has enough stock.

 

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