Oil rises
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Oil prices rose on Thursday as analysts pointed to low inventories and renewed Middle East risks as factors supporting the market.
Crude oil futures rise on supply concerns after drone attacks in Iraq's Kurdistan; market supported by lost production.
Oil rose amid signs of tighter supplies in the near term and on stronger demand signals in the US. Most Read from BloombergThe Dutch Intersection Is Coming to Save Your LifeAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsLA Homelessness Drops for Second YearManhattan,
Oil futures rebounded after three days of losses, supported by better-than-expected U.S. retail sales and a delayed response to yesterday’s report of a 3.9 million barrel U.S. crude stock draw.
Drones targeted oil fields in Iraq’s semi-autonomous northern Kurdish region Wednesday, the latest in a series of attacks in recent days that have put several o
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Read more here.
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors are tightening the market in the short term.