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EIA lowers 2025 oil-price forecasts on expectations for output growth
The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an expected climb in global oil production starting in the second quarter of next year,
OPEC again reduces 2024, 2025 oil demand growth forecasts, Reuters reports
OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions,
Oil prices edge up slightly amid OPEC demand cut forecast
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.
Brent Oil Prices Steady Despite OPEC Demand Forecast Cut, Where To Next?
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to read.
Crude Oil Prices
15h
Oil Prices Inch Higher on Supply Tightness
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
1d
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
3d
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
2d
on MSN
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
13h
on MSN
Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year
Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...
Business Times
1h
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
ig.com
2d
Brent crude oil price drops 5%, silver 13% from recent highs while wheat price stabilises
The Brent crude
oil
front month futures
price
has fallen by over 5% from last week’s 76.13 high which was made right ...
Investopedia on MSN
2d
Understanding the Correlation Between Oil and Currency
She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. There is a hidden string that ...
Hosted on MSN
3d
Big oil price hike: P2.10/L for diesel, P1.50/L for gas starting Nov 12
A hefty oil price hike is set starting Tuesday, November 12, with diesel costs surging by P2.10 a liter, based on separate ...
Crude Oil Prices
2h
Nigeria’s Oil Recovery: A War Room, Some Luck, and a Dash of Ambition
Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...
Investopedia
1d
History of Oil Prices
She is a FINRA Series 7, 63, and 66 license holder. The
oil
market in 2020 was turned on its head by two major forces: the ...
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