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Oil prices bounce
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.
OPEC Cuts Global Oil Demand Growth Forecasts For a Fourth Consecutive Month
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.
Oil prices bounce after back-to-back declines; OPEC sees lower demand growth
Oil futures rose Tuesday, bouncing after back-to-back losses that sent the U.S. benchmark back below the $70-a-barrel threshold.
Oil prices hold near 2-week low
Oil prices end higher after tapping a 2-week low
Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks after a group of major oil producers lowered expectations for global demand growth.
Oil prices hold near 2-week low on gloomy demand outlook
(Reuters) -
Oil
prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global
oil
demand growth in 2024 and 2025 and amid demand concerns in China. Brent futures were up 49 cents, or 0.68%, to $72.38 a barrel ...
Oil slips towards 2-week low on gloomy demand outlook
Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth forecasts for 2024 and 2025 and amid demand concerns in China. OPEC cited weakness in China,
2h
Trump pick Rubio could harden oil sanctions on Iran, Venezuela
President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of ...
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+ ...
12h
on MSN
Republican Sweep Opens Way to Boost Oil and Gas Development
Republicans are poised to pave the way to expand fossil fuel development, roll back Biden-era environmental regulations and curtail President Joe Biden’s signature climate law after securing unified ...
13h
on MSN
'Zombie wells,' oil and gas companies and other expected winners in the new Trump administration
Donald Trump’s win is a victory for oil and gas companies that will face fewer federal environmental regulations and a ...
CBS News
1d
EPA to hit oil and gas companies with "methane fee" for drilling waste — but will it last?
Washington —
Oil
and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane ...
1d
E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?
The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas.
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 ...
1d
US Oil Industry Urges Trump to Ditch Biden Climate Policies
The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's ...
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