UBS sees oil surplus lasting into early 2026; Brent may reach $67 by year-end amid disruption risks and Venezuela uncertainty ...

LONDON (Reuters) -The global oil market is set to tighten in the medium to longer term, recovering from short-term weakness, executives from oil majors and trading houses said on Tuesday. Rising ...

Surplus lines insurance covers property and casualty policies, which protects against the financial risks which are too high to borne alone by the regular insurance company. This insurance can be ...

OLDWICK, N.J.--(BUSINESS WIRE)--Premiums generated by non-admitted insurers that comprise the U.S. surplus lines market continue to increase, underscoring the potential growth opportunities being ...

The phrase "marketable surplus" captures the concept of unsold product that still holds some value to the company. "Marketable" in this case means that the goods are in fact fit to be sold on the ...

Data presented at the meeting revealed that surplus lines homeowners insurance is no longer limited to high-value or high-risk properties—it has become a broader solution as admitted carriers withdraw ...

Latest OPEC MOMR sees oil market surplus. OPEC sees slower crude demand growth than the IEA. OPEC may be moving to cut production again after it wound down output cuts completely in August. According ...

Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day amid concerns over tariffs, with the August 1 deadline fast approaching. While our oil balance indicates that the oil ...

OLDWICK, N.J.--(BUSINESS WIRE)--Total U.S. surplus lines direct premiums written (DPW) surpassed $100 billion for the first time in 2023, reaching a record $115.6 billion, which represented a 17.4% ...