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Tag: oversupply
Oil prices dip due to oversupply concerns
2015-07-29 01:00:00| Offshore Technology
Oil prices have fallen for the fifth day in a row due to global oversupply concerns, despite an unexpected drop in US crude stocks combined with a weaker dollar.
Micron: If a Deal Were to Happen, Look Out For Oversupply, Says Morgan Stanley
2015-07-14 19:01:24| Semiconductors - Topix.net
As I mentioned earlier , Micron Technology has gotten one upgrade this morning based on speculation of a $21-per-share bid by Chinese government-backed chip maker Tsinghua Unigroup. Morgan Stanley 's Joseph Moore raised his rating on the stock to Equal Weight from Underweight, writing that the re-valuation of Micron's potential as a take-out target "puts a floor" under the stock price even though there are still worries about the DRAM market.
Oil prices fall due to oversupply concerns
2015-05-08 01:00:00| Offshore Technology
Crude oil prices on Friday fell due to fears of surplus of supply globally, despite strong crude imports of China.
Oil drops on oversupply concerns after reshuffle in Saudi Arabia
2015-04-29 01:00:00| Offshore Technology
The price of Brent crude oil dropped on Wednesday as oversupply offset political uncertainty in Saudi Arabia.
Tags: oil
concerns
arabia
saudi
Brent crude slips below $54 amidst worries of oversupply
2015-03-20 01:00:00| Offshore Technology
The Brent crude oil price slipped towards $54 a barrel on Friday, owing to worries of oversupply, as Kuwait said the Organization of the Petroleum Exporting Countries (OPEC) needs to retain its crude production.
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