What are the biggest risks facing global oil markets?

oil pump
From Sam Meredith:
NYSE:USO April 18, 2019 5:56pm

Oil prices remain stable after a surprise dip in U.S. supplies

From Myra P. Saefong and Rachel Koning Beals: Oil futures headed lower on Wednesday, with U.S. and global benchmark giving up earlier gains as traders weighed uncertainty surrounding global crude production against data from a U.S. government report that revealed the first weekly decline in U.S. crude stocks in a month.
NYSE:USO April 17, 2019 1:33pm

Oil just had a 6-week rally, something that’s only occurred 5 times in the last 9 years

From CNBC.com staff: Oil prices have risen for sixth consecutive weeks, notching an 11% gain for crude during the rally. While a pullback could occur -- the oil trade was close to flat on Tuesday as overseas supply threats balanced higher U.S. inventories -- recent history suggests there are more gains to come, not just in oil but also in stocks.
NYSE:USO April 16, 2019 3:18pm

Oil prices slide after Russia questions participation in production cuts

From Myra P. Saefong and William Watts: Oil futures started the week on a softer note, with prices headed lower Monday on the heels of multiweek gains as a Russian official reportedly questioned his country's participation in the OPEC-led production cut deal on concerns over market share.
NYSE:USO April 15, 2019 2:06pm

Oil prices rise due to supply cuts from Venezuela and Iran, and the Libya conflict

From Reuters: Oil prices on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns about waning crude demand.
NYSE:USO April 12, 2019 3:28pm

RBC Capital Markets warns of potential $80 oil this summer

oil pump
From Tom DiChristopher:
NYSE:USO April 11, 2019 12:03pm

Oil prices flat after weekly EIA report reveals a rise in supplies

oil pump
From Myra Saefong: The Energy Information Administration on Wednesday reported that U.S. crude supplies climbed by 7 million barrels for the week ended April 5. Analysts polled by S&P Global Platts expected a rise of 2.8 million barrels, following two consecutive weeks of increases. The American Petroleum Institute on Tuesday had reported a climb of 4.1 million barrels, according to sources. The EIA data, however, also showed that supplies of gasoline dropped by 7.7 million barrels, while distillates declined by 100,000 barrels last week, according to the EIA. The S&P Global Platts survey had shown expectations for supply declines of 1.9 million barrels for gasoline and 1.5 million barrels for distillates. May West Texas Intermediate crude CLK9, +0.95% was up 33 cents, or 0.5%, at 64.31 a barrel on the New York Mercantile Exchange, little changed from before the supply data's release.
NYSE:USO April 10, 2019 3:08pm

Oil remains near 5 month highs on concerns about Libya

oil derrick
From Myra Saefong & Rachel Koning Beals: Oil futures prices eased slightly Tuesday, a day after settling at five-month highs, pressured by expectations that U.S. crude supplies climbed for a third straight week. Comments from a Russian official suggesting that supply cuts may not be necessary after the OPEC-led deal expires in June also put pressure on prices.
NYSE:USO April 9, 2019 1:53pm

Oil prices move higher after March jobs report

oil pump
From William Watts: Oil futures moved higher Friday, finding support after a strong March jobs report, with Brent crude flirting with the psychologically important $70-a-barrel level a day after testing but failing to move convincingly above it. Crude remains on track for strong weekly gains.
NYSE:USO April 5, 2019 1:09pm

Oil prices skid after weekly report show large surge in US stockpiles

Oil Prices
From Tom DiChristopher: Oil prices steadied on Wednesday after rallying for three straight days, as rising U.S. crude stockpiles offset bullish support from OPEC supply cuts and U.S. sanctions on Iran and Venezuela.
NYSE:USO April 3, 2019 1:01pm

Oil prices jump on OPEC Cuts

oil pump
From Catherine Ngai: Crude advanced for a third day after a further reduction in supply from OPEC signaled that global markets are tightening.
NYSE:USO April 2, 2019 12:49pm

Oil prices move higher to a 4-month high after news of Russian production cuts

oil pump
From Ben Foldy: Oil rose to a four-month high as news of Russian production cuts helped crude continue toward its best first quarter in seventeen years.
NYSE:USO March 29, 2019 1:09pm

Oil prices fall as Trump urges OPEC to ‘Increase the Flow’ of crude

donald trump speaking
From Robert Schroeder: President Donald Trump on Thursday again aimed his fire at the Organization of the Petroleum Exporting Countries, as he tweeted prices were "too high," and also attacked one of his chief Democratic antagonists in the House.
NYSE:USO March 28, 2019 12:01pm

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