Oil set for worst week in 6 months as crude stockpiles surge
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude…
6 years ago
crude oil glut
World still flooded with crude oil, says IEA
The global glut in oil is refusing to ease and acts as a major dampener…
9 years ago
Nigeria’s crude oil glut lingers
Nigerian crude oil differentials were expected to come under further downward pressure due to a…
9 years ago
Traffic jam of oil vessels on US Texas Coast: Sign of supply glut
A traffic jam of oil tankers has emerged along the U.S. Texas coast this month,…
9 years ago
Saudi Arabia, Russia tussle depresses oil prices further
*Worrisome: a physical excess of 60million barrels of Nigerian crude in the market A sales…
9 years ago