1. Crude slides into bear market as oversupply distress deepens

    #oilwire - #Oil entered the first bear market since #August as concerns worsen that #OPEC is failing to ease a global supply glut . West Texas Intermediate #WTI #crude , the #US benchmark , fell more than 20% from its highest close this year , meeting the common definition of a bear market . Futures settled at $43 . 23/bbl in #NewYork , down from $54 . 45 on Feb . 23 . Adding to an oversupplied market are #Li . . .

  2. 中東混乱 米大使館 エルサレム移転の波紋【カジノ王支援で原油価格高騰中】

    中東和平は絶望的へ【According to US policy , Middle East peace is hopeless】 今後、原油価格はどんどん高騰へ。 【WTI原油】 71 . 00 △0 . 06% +0 . 04 [5/15:12:35] https://nikkei225jp . com/oil/ #wti #oilprice #原油価格 #商品先物 #cme ‘Terrible massacre’: Israel kills 59 , injures 2 , 771 Gaza protesters as US embassy opens in Jerusalem — RT World News https:// . . .

  3. Video: Bajaj Auto may launch the cost-effective quadricycle Qute in India

    India is set to announce its #quadricyclepolicy which will bring this new , efficient and cost-effective commuting mode for intra-city movement on to the Indian streets; there's an interesting development in the world of #crudeoil . Just as #Americanshaleoil production starts to flow into the global market , prices are beginning to ease; #farmerdistress and #agitation is taking a turn for the worse w . . .

  4. WTI Jumps To $69, Goldman Upgrades To $80 After OPEC+ Shock, Has The Tech Wreck Begun, #TSLA & #ARK

    Rumble — #WTI jumped to $69 and #GoldmanSachs upgraded their price prediction to $80 , Subscribe to our backup channel , if you're new to #lbry sign up using my invite link and it will help our channel http://bit . ly/backupchannellbryhttp://silverreportuncut . comSubscribe to the SRU podcasthttp://soundcloud . com/silverreporthttp://silverreportuncut . podbean . comFollow Us On Telegram http://t . me/silverr . . .

  5. OPEC chief says floating storage shrinking

    #oilwire - #Crude #oil in floating storage is declining , showing that the market is rebalancing , #OPEC Secretary-General Mohammad Barkindo said . Crude in tankers has fallen by an estimated 40 MMbbl this year , according to a transcript of a speech delivered by Barkindo on Monday . The drop has been helped by the return of backwardation -- when near-term prices are higher than those in later months , . . .

  6. Putin will Ölproduktion deckeln

    Für eine Stabilisierung der Ölpreise unterstützt der russische Präsident Wladimir Putin öffentlich ein Einfrieren der Fördermengen . «Ein Einfrieren oder sogar eine Kürzung der Förderung ist wohl die einzig richtige Entscheidung» , sagte Putin beim Weltenergiekongress in Istanbul . Russland sei bereit , sich einer entsprechenden Initiative des Ölkartells Opec anzuschließen , so der Kremlche . . .