Latest in Surplus
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Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...Business - MarketWatch - 6 days ago -
Crude oil heads to weekly loss as looming surplus depresses market
U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.Business - CNBC - 6 days ago -
Notre Dame's restoration surplus of nearly $150M will be used for future preservation
Nearly $1 billion in donations were pledged within days of the fire that ravaged Paris' Notre Dame cathedral five years agoWorld - ABC News - November 13 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - November 13 -
The Patagonian shale riches driving Argentina to an energy surplus
New oil pipelines will boost exports from the Vaca Muerta formation, although gas infrastructure is more complexWorld - Financial Times - October 23