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VanEck Oil Services ETF Newsroom
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Noble Roman's Reports Q3 Results
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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
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How Is The Market Feeling About NOV?
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Crude Oil Trades Stuck at $68 Level Ahead of API Stockpile Data
Oil Inches Higher But Demand Outlook Weighs on Sentiment -- Market Talk
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.
Oil Steadies Near November Lows With Outlook for Demand in Focus
OPEC Trims Oil Demand Projections for Fourth Consecutive Month
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Citi Shakes up Its 'Thematic 30' List With Names Such as BKR, FLS, NOV, and QTWO
US Government Buys Oil for Strategic Reserves yet Again – Commerzbank
Oil Trading Higher Even as OPEC Cuts Demand Forecast
Crude Oil Finds Cushion Even as Traders Expect More Downside Under Trump
NOV Downgraded at Citi as EBITDA Could Struggle to Grow in 2025
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