Oil Fumbles for Floor Amid Wobbly Margins

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Brent has shed more than $10 per barrel over the past week, losing momentum on confused market signals and responding primarily to red flags about global demand. But this could be the lull before the storm, as the refined product market is still pointing to higher consumption and tight supply this winter.

Oil Futures and Derivatives
Drilling activity and oil production in the Eagle Ford have increased as commodity prices have risen in recent months.
Thu, Aug 11, 2022
Brent prices have rebounded from last week's lows and stand poised to recover their losses after a bout of directionless trading.
Thu, Aug 11, 2022