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Oil Prices Rise Slightly

Oil prices broadly flat after falling on dollar surge

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.

Barron's · 23h

Oil Prices Rise Slightly as Markets Worry About Demand

WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent

Conflict Watcher on MSN · 1d

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.

IEA raises 2024 oil demand forecast

Bloomberg L.P. · 10h

Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.

IEA sees 2025 oil market in supply surplus

The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said in its monthly oil market report on Thursday.

Seeking Alpha on MSN · 6h

IEA raises 2024 oil demand forecast, sees surplus looming in 2025

Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday, while it expects global supply to exceed consumption by more than 1 mb/d next year, primarily due to a slowdown in China's economy.

6h

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

The Economist4h

Big oil may be softening its stance on climate-change regulation

To add to climate warriors’ gloom, Shell, a British oil giant, won an important legal victory this week. In 2021 a Dutch ...

6mon MSN

Big Oil breaks with Trump on potential second withdrawal from Paris Climate Agreement

The CEO of ExxonMobil said President-elect Trump should keep the U.S. in the Paris climate agreement during his second term in the White House.

3hon MSN

Oil prices inch higher but stay on track for a weekly loss

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

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+ ...

17hon MSN

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 ...

2d

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.

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 ...

13h

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 ...

Investopedia on MSN2d

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 ...

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