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Oil Rises On EIA Data Despite OPEC Deal Doubts

OilPrice.com Wednesday, 23 November 2016
  Happy Thanksgiving Eve! A fairly neutral EIA report - tilted a wee bit bullish for crude, bearish for the products - has been a welcome distraction, before a surgical focus has returned to every rumor and murmur out of OPEC delegates. So to distract from all of this, hark, here are six things to consider in oil markets today: 1) This splendid CNBC article is based on our ClipperData. Via a number of charts it highlights the ramp up we have seen in Saudi, Iraqi - and particularly - Iranian oil exports. The chart below highlights how Iranian…
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Source: Bloomberg Global Business - < > Embed

News video: Oil Tumbles Through OPEC Price Floor

Oil Tumbles Through OPEC Price Floor 02:46

Nov. 16 -- Todd Colvin of Ambrosino Brothers and Bloomberg's Jonathan Ferro examine the fall in oil prices ahead of this month's OPEC meeting. They speak in today’s “Futures in Focus” on "Bloomberg Daybreak: Americas."

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