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Crude oil stocks in US rise slightly for w/e Nov. 15
- Commercial crude inventories increase by 1.4 million barrels
Profitable Saudi oil to prompt demand for Aramco IPO
- "You are buying on the basis that it is highly profitable, and there is going to be demand for Saudi oil," expert says
16.11.2019
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US crude oil production breaks new record
- Crude output reaches all-time high of 12.8 million barrels a day
Oil gains as US crude inventory draw less than estimate
- On demand side, pressure on crude could occur with rising dollar after Fed Chair's comments on potential end to rate hikes