4 d. ago Oil Jumps as Russian Port Attack and Sanctions Offset Glut Angst

Oil advanced as risks to Russian flows from Ukrainian strikes and tougher US sanctions countered signs the market faces a punishing glut.

Events

5 d. ago Oil Extends Retreat After 4% Tumble on Signs Glut Has Arrived

Oil extended a decline after slumping on Wednesday on a flurry of signs that a long-awaited surplus has finally arrived.

Events

7 d. ago A global oil glut is looming, but these forces could turn it around

Watch Rory Johnston on what is driving crude markets and prices right now

Other

1 week ago Oil Drops Amid Stronger Dollar as Market Weighs Glut Outlook

Oil fell, halting a four-session run of gains, pressured by a strong dollar and a backdrop of oversupply.

Other

2 w. ago Global oil glut spells Alberta sector belt tightening but relief at gas pumps

'If the U.S. really restricts access to Russian crude oil in the next year, well, suddenly, the market actually would be a lot stronger and prices would be higher'

Other

3 w. ago Oil Falls as Traders Focus on Glut After Sanctions Rally Wanes

Oil declined as mounting signs of oversupply quelled a bumper rally triggered by US sanctions on key Russian producers last week.

Economics

3 w. ago Oil glut will ‘moderate’ prices after recent gains, Birol says

Crude prices jumped last week after fresh U.S. sanctions on Russia’s producers triggered concerns over physical flows

Economics