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Light, sweet crude oil prices gained for a third consecutive trading session on the New York market Feb. 14, settling above $54/bbl. Meanwhile, the gap between Brent and US futures widened with Brent settling at about a $10/bbl premium above light, sweet crude. Analysts said oil prices also climbed this week because of expectations that US President Donald Trump would extend a March deadline for implementing additional US tariffs on Chinese goods. Trade talks are continuing.
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Platts 02/15/2019 10:22
London — The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh oil demand.
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Peak Oil News 02/14/2019 10:41
The United States, as the largest consumer and producer of oil, plays a major role in the world market. Policy decisions can affect the price of oil and petroleum products (e.g., gasoline) for U.S. consumers and companies operating in U.S. oil production, transportation, and refining sectors.Congress considers policies that can affect the world oil market, […]
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Soy Oil and Palm Oil Market is projected to reach US$ 131,253.4 Million by 2026, exhibiting a CAGR of 6.1% during the forecast period (2018–2026.
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Big News Network 02/13/2019 18:52
Venezuela sanctions leave oil market short of heavy crude - International news.
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NASDAQ 02/13/2019 13:15
Midway through trading Wednesday the Dow traded up 0 43 percent to 25 535 10 while the NASDAQ climbed 0 22 percent to 7 431 02 The S amp P also rose gaining 0 34 percent to 2 754 12 Leading and Lagging Sectors On Wednesday the energy shares climbed 1 8 percent Meanwhile.
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Seeking Alpha 02/13/2019 06:30
Typically, a higher Brent premium tells us that risk is rising in the crude oil market while a lower Brent premium is a sign of calm in the Middle East.
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Benzinga 02/12/2019 14:30
Toward the end of trading Tuesday, the Dow traded up 1.52 percent to 25,434.55 while the NASDAQ climbed 1.42 percent to 7,411.59. The S&P also rose, gaining 1.36 percent to 2,746.65. Leading and Lagging Sectors. Tuesday afternoon, the financial shares climbed 2.2 percent. Meanwhile, top gainers in the sector included Tronox Ltd (NYSE: TROX ) up 19 percent, and Kronos Worldwide, Inc. (NYSE: KRO ) up 7 percent. In trading on Tuesday, real estate shares fell 0.5 percent. Top Headline. US Foods Holding Corp (NYSE: USFD ) reported downbeat earnings for its fourth quarter, while sales exceeded views. US Foods earned $0.56 cents per share in the fourth quarter on revenue of $6 billion. However, analysts were expecting the company to earn $0.59 per s.
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PR Newswire 02/12/2019 06:04
ROCKVILLE, Maryland, Feb. 12, 2019 /PRNewswire/ -- The widespread adoption of citrus essential oils for multiple industrial applications including cosmetics, healthcare etc., has been steering growth for the concerned market at the global level. Fact.MR has published a new research study...
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AzerNews (Azerbaijan) 02/12/2019 04:46
This objective, this raison d'être, can be surmised in just 4 words: sustainable oil market stability,” noted Barkindo.
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CNBC 02/12/2019 01:37
A flurry of intensifying upside risks could trigger an energy market "crunch" over the coming months, according to the chief executive of BP.
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Daily Star (Lebanon) 02/11/2019 17:08
The energy minister of the United Arab Emirates said Monday supply and demand in the oil market should balance out in the first quarter of 2019, following weeks of output cuts. My expectation is that we will see the balance during the first quarter unless something happens, Suheil al-Mazrouei announced to the three-day World Government Summit in Dubai.
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