Sentences with phrase «oil stockpile continues»

Even with reports of U.S. oil production driving more than 10 million barrels of oil a day, the decline in global oil stockpile continues to support the market.

Not exact matches

U.S. commercial crude oil stockpiles were seen touching new record highs for the seventh straight week, while gasoline Continue Reading
Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two - month Continue ReadOil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two - month Continue Readoil stockpiles last week and a weakening dollar, but concern that a two - month Continue Reading
But experts warn that OPEC needs to extend the cuts beyond March 2018 in order to continue depleting crude oil stockpiles.
Make no mistake, fossil fuel companies are continuing to invest in expanding their stockpiles of coal, oil, and gas with the intention of burning them for profit and warming the planet well beyond what anyone would consider habitable.
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