OPEC lowers oil demand growth forecast, oil prices remain on the rise! Keep an eye on the IEA monthly report.
It is expected that petroleum demand will increase by 2.11 million barrels per day to reach 0.1043 billion barrels per day by 2024, a decrease of 0.135 million barrels per day from the forecast in July.
Chevron Delivers Industry First in Ultra-high Pressure Oil Field
Express News | Chevron Corp - Gulf of Mexico Facilities to Produce 300,000 Barrels per Day by 2026
Express News | Chevron Starts Production at Anchor With Industry-First Deepwater Technology
Chevron Executive Explains Why Company Followed Elon Musk's Steps To Move Base From California: 'In Texas, We're Welcome'
Musk to Interview Trump on Monday Night. What It Means for Investors
Bernstein Keeps Their Hold Rating on Chevron (CVX)
USA refinery producers are slowing down production, exacerbating concerns about global crude oil oversupply.
Some top oil refiners in the USA are reducing their operation of refining facilities this quarter, which is exacerbating concerns about the global oversupply of crude oil products.
Correction to Ken Derr Dies at 87 Article -- WSJ
Oil Prices Snap Streak of 4 Straight Losing Weeks
3 Sectors to Watch Ahead of the 2024 Presidential Election
74 S&P 500 Stocks That Can Beat the Cash Yield - BofA
Express News | Caspian Pipeline Consortium: Oil Pipeline System Launched After 62-Hour Planned Shutdown
Express News | Kazakhstan's Tengizchevroil Says It Started Scheduled Maintenance on Aug.1
Express News | Tengizchevroil Average Daily Output Fell 14% in the First Week of August Compared With July - Sources
Yangtze Securities: Is it still worth allocating PetroChina, Sinopec, and CNOOC in the face of 'Trump trade' or US recession?
Many environmental factors have changed, leading to potential differences in the crude oil industry in Trump's next term compared to the previous one.
Chevron Exec Explains HQ Move From California to Texas: 'Tough Place to Do Business'
Poor economy drags down the market and soaring risk aversion pressures oil prices to plummet.
This week (8.1-8.7), crude oil product overall showed a trend of falling first and then rising. The average price of WTI this week was $74.24 per barrel, a decrease of $2.54 per barrel or -3.31% from the previous week.
Institutional Owners May Consider Drastic Measures as Chevron Corporation's (NYSE:CVX) Recent US$33b Drop Adds to Long-term Losses
Japan's five major trading companies fall into the gold pit! "Stock market believers" buy on dips and wait for the wind to rise.
The five major Japanese trading companies that Buffett holds have undoubtedly become "cheap goods" since the Japanese stock market plunged in mid-July. Due to recent concerns about the continuous rise of the yen in the market, the stock prices of these five major trading companies have dropped sharply in the recent Japanese stock market crash.