• WTI’s price ended lower since the past week after a brief reach over $67 per barrel. • Reviewing economic…
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• US-Sino trade deal “phase 1” boosted oil prices • China imported an unprecedented 11.18 Mbpd in November • Optimism…
• OPEC+ to deepen output cuts in early 2020 • Merrill Lynch sees possible rise in Oil prices for 2020…
• OPEC’s Barkindo comments on US output for 2020 • US increased Oil output for this month according to EIA…
• EIA showed that US oil inventories had a substantial build up last week. • Fed’s rate cut on Wednesday…
• Oil giants in the US compete for dominance • Saudi Arabia is said to have restored Oil production •…