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Oil Prices Rise Amid Rate Cut Cheer, Summer Demand Hopes
Oil prices rose in Asian trade on Friday amid optimism over U.S. interest rate cuts and improved summer demand, but were still set for weekly losses on some profit-taking.
Oil Stats Are All Over the Place; It's a Problem for Investors and Environmentalists Alike -- Barrons.com
To slow the most devastating impacts of climate change, countries will have to agree on how to move away from fossil fuels and toward cleaner alternatives. Today, the world's biggest energy organizations can't even agree on how much oil is already being used.
OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.
On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.
$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Imperial Oil (AMEX:IMO) has outperformed the market over the past 5 years by 6.1% on an annualized basis producing an average annual return of 19.41%. Currently, Imperial Oil has a market
Crude Oil Regains Some Track – TDS
Crude oil's resilience has seen Commodity Trading Advisors (CTAs) add back their notable length in WTI. The impact to oil supply from hurricane Beryl was less than expected, TDS analysts note.
OPEC Holds Oil-Demand View Steady, Expects Faster Economic Growth -- Update
The Organization of the Petroleum Exporting Countries kept its bullish outlook for oil-demand growth unchanged and raised its economic-growth forecast for this year, citing solid momentum across major economies.