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Tag: glut
Oil Bulls Maintain Momentum as Rig Cutbacks Seen Reducing Glut
2015-10-19 09:35:03| Oil & Gas - Topix.net
Money managers boosted their net-long position in West Texas Intermediate crude by 6.6 percent in the week ended Oct. 13 to the highest level since June, according to data from the Commodity Futures Trading Commission. Shorts, or bets that prices will decline, dropped the eighth time in nine weeks.
Tags: oil
maintain
reducing
momentum
Oil prices dip with IEA predicting glut to persist through 2016
2015-10-13 01:00:00| Offshore Technology
Oil prices have fallen following a forecast by the International Energy Agency (IEA) that the global oil oversupply would continue in 2016 due to low demand growth.
Tags: prices
oil
dip
predicting
Glut, dumping hurt
2015-10-11 18:51:52| Steel - Topix.net
The steel sector, under stress for some time, is unlikely to see a revival in the near future because of oversupply and declining demand The steel sector is expected to remain under stress in the near-term as demand in the domestic as well as the global markets continues to remain weak, with steel prices staying subdued. According to experts, while demand is seen improving from the fourth quarter of this financial year, the main worry in the sector is the global oversupply of steel, which is getting dumped in the country at a cheaper rate.
Property Rounds: Trumbull complex listed, adding to office-space glut
2015-10-08 00:36:47| Electronics - Topix.net
Even as space hit the market in the third quarter of 2015 at 100 West Putnam Avenue in Greenwich and other office buildings, leasing activity kept up at a sufficient level to absorb it -- but only just barely. Harman International Industries will stay put at 400 Atlantic Street in Stamford, seven years after moving its headquarters here from Washington, D.C. The former Pitney Bowes world headquarters in Stamford, was among the large additions to available office space in Fairfield County during the third quarter of 2015, following Building and Land Technology's purchase of the building.
Tags: property
listed
complex
adding
Some in Oklahoma dispute whether nation has an oil glut
2015-09-18 10:18:25| Electronics - Topix.net
The rapid increase in domestic production over the past several years has displaced much of the country's oil imports and forced changes in many of the ways companies operate throughout the oil patch. BlueKnight Energy's Facility manager Jerry Fore checks out an oil storage tank, which is near its capacity at the company's storage hub in Cushing, in this July 31 photo.
Tags: oil
nation
oklahoma
dispute
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