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Hedge funds build large bullish position in WTI


Hedge funds and other money managers continued to accumulate bullish positions in crude oil and its products last week but

India: Experts urge govt to lock in crude oil purchases as prices start rising


As oil prices start firming up from decades low, experts are suggesting the Indian government hedge part of its oil

Oil Has Recovered From Record Lows But $40 Prices Unlikely Before Q3 2020


You could be forgiven for being a little foxed with the oil market right now, especially if the West Texas

UK GAS-Prices rebound from record lows as Yamal-Europe flows halt


Prompt British wholesale gas prices soared on Tuesday morning, rebounding from record lows last week as demand picked up and

India looks to store cheap oil in United States – oil minister


India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil

U.S. drilling industry says offshore ban would crush jobs, government revenues


A U.S. ban on new offshore drilling in the Gulf of Mexico, which presidential hopeful Joe Biden promised to enact

Doomsday Predictions For U.S. Oil Just Aren’t Realistic


As pundits and journalists forecast the future of America’s shale oil industry, beware the naysayers who believe the investors and

Demand rise, output cuts could mean oil market balance in June


Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon

EIA forecasts lower U.S. natural gas consumption in 2020


In the latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that decreases in natural gas consumption

China’s “hermit” investors fill doubled oil storage with crude bet


Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures

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