DIRS.INFO The most relevant business & tech news

☆ Natural gas market looks oversupplied right now, says EQT CEO Toby Rice
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNatural gas market looks oversupplied right now, says EQT CEO Toby RiceToby Rice, EQT CEO, joins 'Money Movers' to discuss the company's demand expectations for the year, how much AI is fueling power demand, and more.

Persons: Toby Rice Toby Rice Organizations: EQT

☆ China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns
▼ + stars: | 2024-03-27 | by ( Aruni Soni | ) www.businessinsider.com time to read: +1 min

US Treasury Secretary Janet Yellen warns that China's big industrial-production push could destabilize the global economy. China's growing clean energy industry has oversupplied markets with cheap solar panels and EVs, she said in prepared comments that will be delivered on Wednesday. "It is important to the president and me that American firms and workers can compete on a level playing field," Yellen said in speech text released by the Treasury. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. "Challenges for individual firms can lead to concentrated supply chains, negatively impacting global economic resilience."

Persons: Janet Yellen, Yellen Organizations: Treasury, Service, New York Times, Business Locations: China, Norcross , Georgia

☆ Tesla bull Jonas cuts price target and says EV-maker could lose money in coming quarters
▼ + stars: | 2024-03-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Tesla could lose money in the coming quarters as price cuts fail to boost demand for its electric vehicles in the face of strong competition from hybrid cars, according to Morgan Stanley. Analyst Adam Jonas trimmed the investment bank's stock price target for Tesla by 7% to $320 from $345 while maintaining an overweight rating. This is a problem because hybrid vehicles are enjoying a renaissance in the U.S. and emerging as a real competitor to electric vehicles, Jonas wrote. Jonas remains bullish on Tesla long-term because the company is the most technically advanced car company in the world. Morgan Stanley's valuation of Tesla's auto business, at $68 per share, represents just 21% of the investment bank's overall price target of $320.

Persons: Tesla, Morgan Stanley, Adam Jonas, Elon, Jonas, Morgan Organizations: Tesla Locations: California, Dallas, Cleveland, U.S

FRANKFURT, Germany (AP) — German chemical company BASF said Friday that it was speeding up the sale of stakes in two joint ventures in China after its local partner was accused in media reports of human rights abuses. BASF said in a news release that the market for the industrial chemicals made at the production sites in Korla in China's Xinjiang region was under increased competitive pressure and oversupplied. However, it added that recent reports had contained “serious allegations” about activities “inconsistent with BASF's values.”German news media had reported that employees of a BASF partner firm had participated in a state repression campaign aimed at the region's minority Muslim Uighur population. BASF said internal and external audits found no evidence of rights violations and no indication that the employees of the joint ventures — BASF Markor Chemical Manufacturing and Markor Meiou Chemical (Xinjiang) Co — were involved in the alleged violations. Photos You Should See View All 21 ImagesThe company said it remained committed to the China market.

Persons: — Organizations: BASF, BASF Markor Chemical Manufacturing Locations: FRANKFURT, Germany, China, Korla, China's Xinjiang, Xinjiang

☆ Oil rises for a fourth day after U.S. kills militant commander in Iraq, Israel rejects Hamas proposal
▼ + stars: | 2024-02-08 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures prices rose for the fourth day in a row Thursday after the U.S. killed a militant commander in Iraq and Israel rejected a ceasefire proposal by Hamas. The West Texas Intermediate futures contract added 86 cents, or 1.16%, to trade at $74.73 a barrel. Blinken met Israel Prime Minister Benjamin Netanyahu Wednesday to discuss a counterproposal by Hamas that demands a permanent end to the fighting. Netanyahu rejected the Hamas' proposal, vowing to press on to the southern city of Rafah on the border with Egypt and achieve "total victory" in Gaza. The drone strike Wednesday comes after the U.S. hit sites in Iraq and Syria used by Iranian forces and allied militants last weekend.

Persons: Brent, Antony Blinken, Blinken, Benjamin Netanyahu, Netanyahu Organizations: The West Texas Intermediate, U.S, Israel, Hezbollah, U.S . Central Command, U.S . Energy Department Locations: Gaza, U.S, Iraq, Israel, Rafah, Egypt, Baghdad, Syria

☆ Oil prices rise as U.S. crude production is seen growing more slowly this year
▼ + stars: | 2024-02-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Crude oil futures rose for a third day as U.S. production this year is expected to grow less than expected, easing worries that the market is oversupplied. The U.S. pumped a record 13.3 million barrels per day of crude oil in December, but output is not expected to surpass this level until early 2025, according to estimates from the Energy Information Agency. On balance, domestic oil output is expected to grow by 170,000 barrels per day this year, down significantly from the EIA's previous forecast of 290,000 bpd. U.S. oil output has raised worries among traders that the market is oversupplied as China's economy and crude demand softens. But the world will face a crude oil supply deficit of 120,000 barrels per day this year, according to EIA estimates.

Persons: Brent, Vicki Hollub, Hollub, Antony Blinken Organizations: The West Texas Intermediate, Energy Information Agency, Occidental Petroleum, CNBC, Iranian Locations: The, U.S, Gaza, Jordan

☆ Chevron and Exxon's earnings show that the oil market is much tighter than people think: Strategist
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChevron and Exxon's earnings show that the oil market is much tighter than people think: StrategistJosh Young of Bison Interests says a careful examination of Chevron and Exxon's financial results show that unlike the consensus expectations of the oil market being oversupplied in the first half of 2024, it might actually be undersupplied.

Persons: Josh Young Organizations: Chevron, Bison

☆ Oil market will face supply shortage by end of 2025, Occidental CEO says
▼ + stars: | 2024-02-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The oil market will face a supply shortage by the end of 2025 as the world fails to replace current crude reserves fast enough, Occidental CEO Vicki Hollub told CNBC on Monday. For now, the market is oversupplied, which has held oil prices down despite the current conflict in the Middle East, Hollub said. But the supply and demand outlook will flip by the end of 2025, Hollub said. The forecast implies a supply deficit unless OPEC ditches current production cuts and boosts its own output. Hollub told CNBC in December that Occidental expects WTI to average around $80 in 2024.

Persons: Vicki Hollub, Hollub, CNBC's Tyler Mathisen, WTI, Brent Organizations: CNBC, Smead Investor Oasis Conference, West Texas Intermediate, Brent, Occidental, CNBC PRO Locations: Occidental, Phoenix, U.S, Brazil, Canada, Guyana, China, OPEC, WTI

☆ Tesla gets a sell rating ahead of earnings on concern about EV oversupply
▼ + stars: | 2024-01-24 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Tesla may be stuck in "production purgatory" that could pressure the stock, according to Redburn Atlantic. The firm initiated coverage of the Elon Musk's EV maker on Wednesday with a sell rating and a $170 per share price target. EV sales began slowing in 2023 as consumers and businesses signaled caution toward going fully electric. The companies that will benefit most in the new EV landscape, the analyst added, will "iterate best-in-class EV platforms and scale desirable models to support high utilization at lower unit costs." Analysts polled by FactSet forecast 73 cents per share in earnings on revenue of $25.6 billion.

Persons: Adrian Yanoshik, Tesla, Yanoshik, Hertz Organizations: Elon Musk's, EV, Apple, Nvidia, Wall Street, FactSet

☆ The oil market is oversupplied right now, says S&P Global's Dan Yergin
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe oil market is oversupplied right now, says S&P Global's Dan YerginDan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss the energy markets, the impact of the Red Sea attacks, energy transition outlook, and more.

Persons: Dan Yergin Dan Yergin Organizations: P Global

☆ U.S. crude oil falls 4% as Saudi price cut heightens global demand worries
▼ + stars: | 2024-01-08 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

An employee in a branded helmet is pictured at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. U.S. crude oil declined 4% on Monday after Saudi Arabia slashed its prices, raising renewed worries that the market is oversupplied at the same time as demand is weakening. The Saudi price cut comes amid persistent market weakness due in large part to record U.S. crude production and softening demand in China. Maybe the landing might not be so soft," Phil Flynn of The Price Futures Group wrote on Monday. U.S. crude exports also rose by more than 1 million barrels per day to 5.2 million barrels per day in the same period.

Persons: Brent, Phil Flynn, Flynn, Antony Blinken, Bob Yawger, Yawger Organizations: West Texas Intermediate, Saudi Aramco, OPEC, The Price Futures, Mizuho, CNBC PRO Locations: Saudi Aramco, Abqaiq, Saudi Arabia, Saudi, China, ., Iran, Lebanon, Strait, Hormuz, U.S, Riyadh

☆ Oil prices rise more than 3% as U.S. warns Houthis against Red Sea attacks, OPEC pledges unity
▼ + stars: | 2024-01-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Oil rose more than 3% on Wednesday as the U.S. warned Houthi militants against further attacks in the Red Sea and OPEC pledged to remain united in supporting prices. This comes a day after Danish shipping giant Maersk halted all shipping through the Red Sea until further notice due to repeated Houthi attacks on vessels. German shipping company Hapag-Lloyd confirmed Wednesday that it would continue to avoid the Red Sea. Oil prices have been volatile this week, with U.S. crude and the global benchmark settling more than 1% lower on Tuesday despite Maersk's decision to continue avoiding the Red Sea due to attacks by the Houthis. OPEC and its allies issued a statement Wednesday pledging to remain united in the group's "efforts to maintain oil market stability going forward."

Persons: Brent, Lloyd, John Kirby, Kirby, Amrita Sen, We've, we're, Sen Organizations: Houthi, Reuters, The West Texas Intermediate, CMA, CNBC, Maersk, Security, OPEC, Traders, CNBC PRO Locations: Sea, Libya, Yemen, Iran, The U.S, United States, U.S, China . U.S

☆ These stocks will be the biggest S&P 500 winners of 2024, according to analysts
▼ + stars: | 2024-01-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Using the CNBC Pro Stock Screener Tool , we looked for S & P 500 stocks that analysts project will have the best performance in 2024 according to their consensus price targets. Halliburton's stock price dipped 8.1% last year, while shares of Marathon Oil similarly went down, losing 10.9%. Analysts' consensus price targets on both stocks indicate more than 34% upside over the next 12 months from Friday's close. Their average price targets suggest shares of Delta Air Lines and United Airlines Holdings have upside of more than 31% and 42%, respectively. Analysts have a consensus price targets of $95.20 on the stock, suggesting shares could gain roughly 28% this year, adding to its 18.3% gains in 2023.

Persons: Stocks, Morgan Stanley, Raymond James, Cowen's, Helane Becker, Becker, Bernstein, Stacy Rasgon Organizations: Nvidia, Warner Bros, CNBC, Halliburton, Marathon Oil, Analysts, UBS, Airlines, Delta Air Lines, United Airlines Holdings, American Express, . Insurance, Arch, Evercore ISI, Arch Capital, Discovery, Moderna Locations: Friday's

☆ Lower prices, oversupply to weigh on lithium miners
▼ + stars: | 2023-10-30 | by ( Arunima Kumar | ) www.reuters.com time to read: +2 min

Lithium miners have had a tough year as weak electric vehicle (EV) sales growth led to high stockpiles and sent prices of the metal tumbling down. The Chinese spot battery grade lithium carbonate prices, fell around 45% to 165,000 Chinese Yuan ($22,561.63) per tonne during the July-September quarter. Reuters GraphicsAnalysts also flagged additional supplies from new projects coming online to further weigh on lithium prices. Albemarle is expected to report quarterly results on Wednesday, while smaller rival Livent is scheduled for Tuesday. ($1 = 7.3133 Chinese yuan renminbi)Reporting by Arunima Kumar in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Ivan Alvarado, Raymond James, Pavel Molchanov, Overcapacity, Jefferies, Laurence Alexander, Piper Sandler, Charles Neivert, Kyle Winborne, Arunima Kumar, Krishna Chandra Organizations: REUTERS, Albemarle Corp, EV, Reuters, Reuters Graphics, Thomson Locations: Albemarle, Antofagasta region, Chile, oversupplied, China, Livent, Bengaluru

☆ Battery raw material prices are falling 'drastically,' CRU says
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBattery raw material prices are falling 'drastically,' CRU saysMartin Jackson, head of battery raw materials at CRU, says the lithium, cobalt and nickel markets are generally oversupplied and "it will continue to be like that for several years."

Persons: CRU, Martin Jackson

☆ Rite Aid lost more than $1 billion in months before bankruptcy filing
▼ + stars: | 2023-10-18 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Rite Aid lost more than $1 billion in the months before it filed for bankruptcy, the failed drugstore chain revealed in a Wednesday regulatory filing, as it warned investors it may not be able to keep its business running. During the quarter, Rite Aid posted $5.65 billion in revenue and a net loss of $1.02 billion, compared with $5.9 billion in sales and a net loss of $331 million in the year-ago period. Rite Aid has about $4 billion in debt and pays about $200 million in interest annually, court records say. With about $93 million in cash as of Sept 2., those payments have left Rite Aid unable to execute its turnaround strategy. Rite Aid warned its store footprint will get even slimmer with plans to close underperforming stores as part of the bankruptcy.

Organizations: Rite Aid, Rite, CVS, Walgreens, Aid, CNBC Locations: New Jersey

☆ Morgan Stanley names its top stock picks — and its 'least favored' — in a corner of the chip market
▼ + stars: | 2023-09-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

A "recovery narrative" has been playing out in a corner of the semiconductor market this year, according to Morgan Stanley. They benefit from NAND recovery on cash flows, and a "strong competitive position" in high bandwidth memory, said the bank. Meanwhile, the potential for NAND improvement in the U.S. seems "most positive" for Western Digital, which isn't discounting a material recovery in NAND profits, Morgan Stanley said. Improving conditions Morgan Stanley said it's become more optimistic on the memory sector given that pricing and inventory conditions are improving further. Overall, Morgan Stanley expects a shortage building up in the fourth quarter and an upturn in 2024 — before peaking in 2025.

Persons: Morgan Stanley, it's, Michael Bloom Organizations: Korean chipmaker SK Hynix, Western Digital Corporation, Western Digital, SK Hynix, Samsung, Micron Locations: U.S, Asia

☆ Morgan Stanley says China is 'overinvested,' but India's the opposite
▼ + stars: | 2023-09-05 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +2 min

CFOTO | Future Publishing | Getty ImagesChina is overinvested as its economy continues to get buffeted — but India has room for investment opportunities, said Morgan Stanley. And then it has this geopolitical cloud over it," said Jitania Kandhari, Morgan Stanley's deputy CIO for solutions & multi-asset and managing director. Jitania Kandhari Deputy CIO at Morgan StanleyKandhari added that India is undersupplied in terms of homes and property, whereas "China has so many excesses." "India's beginning a new cycle on the real estate side — made in India, work from India — with the global centers setting up there," she elaborated. That being said, Kandhari feels that some pockets of China are still investable, hinging on the improvement of the country's economic growth.

Persons: Morgan Stanley, It's, Jitania Kandhari, Morgan Stanley's, Kandhari, CNBC's, Jitania, Morgan Stanley Kandhari, — Organizations: Central, Getty, China Locations: Beijing, China, India, hinging

☆ Drug retailer Rite Aid prepares to file for bankruptcy - WSJ
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

Aug 25 (Reuters) - Rite Aid Corp (RAD.N) is preparing to file for bankruptcy in coming weeks to address lawsuits the company is facing over its alleged role in the sale of opioids, the Wall Street Journal reported on Friday, citing people familiar with the plan. Rite Aid did not immediately respond to a Reuters request for comment. Regionally focused Rite Aid operates more than 2,330 stores in 17 U.S. states, although it is much smaller than rivals like Walgreens Boots Alliance (WBA.O) and CVS Health (CVS.N). Along with other pharmacy chains, Rite Aid has been named a defendant in lawsuits that alleged they helped fuel the opioid crisis in the United States. The U.S. Department of Justice in March sued Rite Aid, accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids.

Persons: Mariam Sunny, Khushi, Pooja Desai, Maju Samuel Organizations: Rite Aid Corp, Wall Street, Aid, Walgreens Boots Alliance, CVS Health, U.S . Department of Justice, U.S . Centers for Disease Control, Thomson Locations: U.S, United States, Bengaluru

☆ Bounce in European property stocks: false start or turning point?
▼ + stars: | 2023-08-24 | by ( Danilo Masoni | ) www.reuters.com time to read: +5 min

MILAN, Aug 24 (Reuters) - It's hard to be bullish about real estate in an environment of sharply higher interest rates. Two years of steep falls have made European property a short-seller favourite as sector valuations and investor positioning plunged to levels last seen during the 2008 global financial crisis. A gauge of European real estate shares (.SX86P) has halved in value to about $131 billion since 2021, but the mood shifted in July as earnings expectations improved. "Things aren't great for real estate companies and that's why they are trading at a huge discount. Meanwhile, BlackRock's iShares European Property ETF (IPRP.L) has seen a 10% surge in inflows from late February, according to data on its website.

Persons: Gerry Fowler, Zsolt Kohalmi, BlackRock's, Natixis, Banks, Charles de Boissezon, Kohalmi, UBS's Fowler, Danilo Masoni, Sinead Cruise, Elaine Hardcastle Organizations: MILAN, European Equity, UBS, European Central Bank, Pictet, Advisors, P Global Market Intelligence, Property, Bank of, Societe Generale, Equity, Thomson Locations: Europe, London, U.S

☆ Saudi Arabia may raise Sept crude prices for a third month
▼ + stars: | 2023-08-01 | by ( Muyu Xu | ) www.reuters.com time to read: +3 min

SINGAPORE, Aug 1 (Reuters) - Saudi Arabia, the world's biggest oil exporter, may raise its price for Arab Light crude for sale to Asian refiners for a third month as its voluntary output cuts may be extended, further tightening the supply of high-sulphur, or sour, crude. The supply reductions have boosted oil prices, particularly for sour crude, since the end of June. Arab Light prices are also supported by improving refining margins in Asia, in particular for middle distillates. Most of the survey respondents expected Saudi Arabia to raise prices for heavier grades Arab Medium and Arab Heavy by more than Arab Extra Light as the light crude is oversupplied. The Arab Extra Light OSP typically tracks premiums of Murban, a light sour crude from the United Arab Emirates.

Persons: Backwardation, Saudi Aramco's, Muyu Xu, Christian Schmollinger Organizations: Saudi Aramco, Organization of, Petroleum, Ministerial, United, Brent, Saudi, Kuwaiti, bbl, Thomson Locations: SINGAPORE, Saudi Arabia, State, Saudi, Oman, Dubai, OPEC, Saudi Aramco, Asia, Singapore, United Arab Emirates, Americas, West Africa

NEW YORK, June 28 (Reuters) - Oil prices climbed about 3% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, offsetting worries that further interest rate hikes could slow economic growth and reduce global oil demand. U.S. West Texas Intermediate (WTI) crude rose $1.86, or 2.8%, to settle at $69.56, narrowing Brent's premium over WTI to its lowest since June 9. The U.S. Energy Information Administration (EIA) said crude inventories dropped by 9.6 million barrels in the week ended June 23, far exceeding the 1.8-million barrel draw analysts forecast in a Reuters poll and also much bigger than the 2.8 million barrel draw a year earlier. This report could be a bottom (for oil prices)," said Phil Flynn, an analyst at Price Futures Group. Investors remained cautious that interest rate hikes could slow economic growth and reduce oil demand.

Persons: Brent, Phil Flynn, Jerome Powell, Flynn, Powell, Christine Lagarde, Gelber, Shariq Khan, Alex Lawler, Mohi Narayan, Emma Rumney, Mark Potter, David Gregorio, Cynthia Osterman Organizations: YORK, . West Texas, U.S . Energy Information Administration, Price Futures Group, Investors, . Federal, European Central Bank, Associates, Organization of, Petroleum, Thomson Locations: WTI, Russia, Saudi, China, Bengaluru, London, New Delhi

U.S. West Texas Intermediate (WTI) crude rose $1.63, or 2.45%, to $69.33. The U.S. Energy Information Administration (EIA) said crude inventories dropped by 9.6 million barrels in the week ended June 23, far exceeding the 1.8-million barrel draw analysts forecast in a Reuters poll and also much bigger than the 2.8 million barrel draw a year earlier. This report could be a bottom (for oil prices)," said Phil Flynn, an analyst at Price Futures Group. Investors remained cautious that interest rate hikes could slow economic growth and reduce oil demand. Analysts at energy consulting firm Gelber and Associates said that decline in backwardation suggested "diminishing worries over potential supply shortages."

Persons: Brent, Phil Flynn, Jerome Powell, Flynn, Powell, Christine Lagarde, Gelber, backwardation, Shariq Khan, Alex Lawler, Mohi Narayan, Emma Rumney, Mark Potter, David Gregorio Our Organizations: YORK, . West Texas, U.S . Energy Information Administration, Price Futures Group, Investors, . Federal, European Central Bank, Associates, Organization of, Petroleum, Thomson Locations: WTI, Russia, OPEC, Saudi, China, Bengaluru, London, New Delhi

NEW YORK, June 28 (Reuters) - Oil prices rose about 2% on Wednesday as a bigger-than-expected drop in U.S. crude stockpiles offset worries that further interest rate hikes could slow economic growth and reduce global oil demand. The U.S. Energy Information Administration (EIA) said crude inventories dropped by 9.6 million barrels in the week ended June 23, putting stockpiles down for a second week in a row. That was much bigger than the 1.8 million barrel draw analysts forecast in a Reuters poll and compares with a decline of 2.8 million barrels in the same week last year and a five-year (2018-2022) average decrease of 7.8 million barrels. This report could be a bottom (for oil prices)," Flynn said. Oil prices rose despite worries about interest rate hikes that could slow economic growth and reduce oil demand.

Persons: Brent, Phil Flynn, Flynn, Christine Lagarde, Shariq Khan, Alex Lawler, Mohi Narayan, Emma Rumney, Mark Potter Organizations: YORK, U.S, West Texas, U.S . Energy Information Administration, American Petroleum Institute, Price Futures, European Central Bank, Thomson Locations: Bengaluru, London, New Delhi

Oanda analyst Craig Erlam said prices were mainly at the mercy of "the ever-changing expectations for interest rates". European Central Bank President Christine Lagarde said on Tuesday that stubbornly high inflation will require the bank to avoid declaring an end to rate hikes. Higher interest rates can weigh on economic activity and oil demand. But the upbeat data suggested the Federal Reserve will likely have to continue raising interest rates to slow demand in the overall economy. The U.S. central bank, which has raised its policy rate by 500 basis points since March 2022, signaled this month that two additional rate hikes were warranted this year.

Persons: Brent, Craig Erlam, Christine Lagarde, Phil Flynn, Wagner, PVM's Tamas Varga, Saudi Arabia's, Li Qiang, Stephanie Kelly, Shadia Nasralla, Trixie Yap, Jan Harvey, David Goodman, Ed Osmond, Deepa Babington, Mark Heinrich Our Organizations: Brent, . West Texas, European Central Bank, Price Futures, Reserve, American Petroleum Institute, Reuters, Saudi, Thomson Locations: contango, Europe, United States, U.S, Russia, China

Search resuls for: "oversupplied"

25 mentions found