Oil dips as U.S. crude output hits record 12 million barrels per day
Friday, 22 February 2019 () Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East dominated producer club OPEC to withhold supply and tighten global markets.
Donors are feeling the Bern. Sen. Bernie Sanders' 2020 presidential campaign set a new record for first-day donations. The $6 million in donations came from about 225,000 donors, with an average donation of $27. Bernie Sanders, via Twitter Sen. Kamala Harris held the previous first-day donations...
Now that the U.S. is set to surpass Saudi Arabia in oil production, how should investors feel about oil? "I feel mixed about oil, right? I mean, look, the Saudis are trying to cut production. They made..
According to Reuters, stocks around the globe are trading a bit lower. On March 6th, MSCI's global gauge of stocks dropped about three-tenths of a percent. On Wall Street, the top three markets on the..
Oil futures tumbled more than 3 percent on Monday. Reuters reports it was their largest daily percentage drop this year. The plunge came after U.S. President Donald Trump called on OPEC, in a series of..
According to Reuters, US stocks are trading slightly lower heading into the week's end. By the afternoon on Feb. 21st, the top three markets on the New York Stock Exchange lost their gains from a day..
Here's what Jim Cramer's watching in the markets Tuesday, Feb. 5. BP's Earnings BP posted stronger-than-expected fourth quarter earnings Tuesday, wrapping up a lucrative earnings season for western oil..
Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output "well below" 10 million bpd, a Saudi... Reuters India Also reported by •OilPrice.com •SmartBrief •FXstreet.com
Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets,... Reuters Also reported by •Reuters India •FXstreet.com