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Commodity News
Oil price structure signals demand surge as virus fears fade
The oil market’s pricing structure signals a potential tightening in supplies from a surge in demand as fears about the impact of the coronavirus subside and following tighter U.S. sanctions on Venezuelan exports. Read more
Feb 20, 2020
Rystad Energy: Texas oil output set for monthly boosts in 2020, but growth rate to slow
Texas’ oil production rose to an estimated 5.4 million barrels per day (bpd) in December. Read more
Feb 19, 2020
EIA revises global liquid fuels demand growth down because of the coronavirus
In the February 2020 update of its Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that global liquid fuels demand will average 101.7 million barrels per day in 2020. Read more
Feb 18, 2020
