WTI Crude Slips Toward Weekly Loss on Persistent Supply Fears
WTI crude oil futures remained under pressure this week, as bearish fundamental forces overshadowed temporary bullish drivers. Despite…
StanChart Finally Turns Bearish, Cuts Oil Price Forecast By $15/bbl
Last month, we reported that commodity analysts at Standard Chartered have been bucking the overwhelmingly bearish sentiment pervading…
Gas Prices Are Dropping Right Now: Here’s Why
Topline The national average for a gallon of regular gasoline has fallen to $3.05, while U.S. crude oil…
South Korean govt to unveil measures to restructure petrochemical industry
The South Korean government is set to announce policy measures to restructure the struggling petrochemical industry, which has…
Petrochemical News – Crude oil slips as market shifts from Middle East tensions to oversupply concerns
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