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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.
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.
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,
6h
Devon Energy sees US crude oil at $60-$80 per barrel for foreseeable future
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
7h
on MSN
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 ...
23h
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+ ...
7h
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 ...
8h
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 ...
Bloomberg L.P.
7h
India Eclipses China in Driving Asia Oil Demand Growth, EIA Says
India is now the leading source of
oil
demand growth in Asia as Chinese consumption falters due to an economic slowdown and ...
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.
1d
on MSN
Biden admin touts job well done replenishing oil reserves despite depleting them by half over last 4 years
The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...
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
on MSN
Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies
Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain ...
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