Oil News: Traders Fade Bounce in Crude Oil as Inventory Fears Hit Oil Outlook

Crude oil eases as oversupply worries grow, with futures capped below key moving averages and analysts warning of a bearish ...

Oil Futures Settle Lower in Slow Black Friday Trade

Oil futures reverse course late in the session to end down in low-volume Black Friday trade. The market remains focused on ...
Morningstar

Can OPEC+ flood the world with crude? It's harder than oil traders think.

Major oil producers meet this weekend to decide on August production levels Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market ...
FOX31 Denver

Oil sells off as traders calmly look beyond the bombs in the Middle East

NEW YORK (AP) — If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday afternoon in an historical move as traders bet that Iran’s decision to bomb a U.S. base in ...

BB Energy Loses Half its Houston Traders Amid Tough Oil Market

BB Energy has lost roughly half of its traders from its Houston oil desk in recent weeks and is reorganizing amid a tough ...
U.S. News & World Report

Traders Rebrand Venezuelan Oil for China as Brazilian, Sources and Tanker Trackers Say

SINGAPORE (Reuters) - Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company ...
Crain's Chicago Business

CME data-center fault halts trillions in worldwide trading

The latest CME malfunction is far longer than an hours-long outage in 2019, which will mean questions for the company about ...

Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say

China is importing unusually large quantities of crude oil from Indonesia, a trend traders say is a way to mask shipments of ...