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Chevron Newsroom
Oil Prices End Higher After Tapping a 2-Week Low
Thursday Market Chills From Election Celebration | Live Stock
IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.
In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.
WTI Crude's Bounce Not Enough To Break Bearish Bias, Says RHB
Express News | Chevron Says It Has Redeployed All Personnel to Its Gulf of Mexico Facilities & Is Continuing to Restore Production That Was Shut-in for Rafael
Bitcoin Gets Closer to $100k Than Ever | Wall Street Today
Biden Pledges 'Smooth' Transition To Trump In White House Meeting
Bitcoin Breaks Above $90k, Market Flat Wednesday | Live Stock
ExxonMobil to Sell Non-Core Permian Basin Assets to Hilcorp Energy
Oil Falls as Demand Concerns Continue to Dominate Market -- Market Talk
Occidental Petroleum's Q3 Earnings Beat, Revenues Lag Estimates
Chevron-Operated Egypt Offshore Block Gets QatarEnergy Boost
Express News | Cyprus Considering New Licensing Round for Offshore Gas Fields Depending on Interest – Energy Minister
Express News | Cyprus Sees Plenty of Demand for Gas, Commodity Still Has "Some Decades" of Use Alongside Renewables
Express News | Minister Sees Gas on Market From a Cypriot Offshore Field Around 2027
Crude Oil Trades Stuck at $68 Level Ahead of API Stockpile Data
Oil Inches Higher But Demand Outlook Weighs on Sentiment -- Market Talk
Express News | Oil Output at Kazakhstan's Chevron-Led Tengiz Field Down 21% to 496,200 Bpd Since Oct. 26, Three Sources Say
If OPEC+ cancels the voluntary production cut plan, what will happen? Analysis: Oil prices may be halved next year.
1. The agreement of OPEC+ member countries to reduce daily production of 2.2 million barrels of crude oil has been postponed until the end of December; 2. Market observers state that if the organization does not reach a genuine agreement to control production in the future, oil prices may fall to $30 or $40 per barrel next year; 3. According to forecasts, the organization is more likely to gradually phase out production cuts early next year, rather than immediately withdrawing completely.
E-minute understanding: What is the special trade that collapsed across the board yesterday for Trump?
On Tuesday, the European and American stock markets experienced a significant decline, with the US stocks ending their previous rising trend, and all three major indices falling together, while major stock indices in Europe fell across the board.