prices of crudeoil have been on the rise due to other factors such as supply constraints being undertaken by opec countries. · to bridge the supply gap arising out of the discontinuation of waiver on iran sanctions, india has been in talks with oil producers in other geographies including countries...
. wednesday's inventory numbers fell short of expected builds and we saw intraday highs over on refined products, with the close reflecting on ulsd ($ ) and on rbob ($ ) and crude closed at $ . thursday gains were around % with ulsd closing up to $ , rbob to $ and crude up to $ , a two month high. today...
most analysts are crediting a weaker dollar in combination with the monthly drilling report that indicates some slow down in shale production domestically. the eia projected that output from major shale plays will drop by some k bpd in june. analysts also expect to see draws in crude on tommorows eia...