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Occidental Petroleum Newsroom
Oil Industry to Invest, Produce Less Before Expected Demand Decline, Study Says -- OPIS
Clarkson Research: It is initially estimated that the global marine transportation of crude oil trade volume will increase by 2.7% in 2025.
Clarkson Research published a study report stating that the preliminary estimate for the global marine transportation crude oil trade volume is expected to grow by 2.7% in 2025.
OPEC+ production increase plan may be delayed by three months, and crude oil prices have seen the largest two-week gain in two weeks.
The sanctions on Iran's crude oil product and the expected OPEC+ production agreement are jointly driving up oil prices.
Two news stories boost international oil prices, petrochina's Hong Kong stocks rose nearly 4%.
① Why did the usa announce sanctions on Iranian oil? ② What effects will OPEC+'s delay in increasing production have on the crude oil product market?
Crude oil: Oil prices rise as the usa intensifies sanctions on Iran and OPEC+ makes progress towards delaying production resumption.
Crude oil prices saw the largest increase in over two weeks on Tuesday, as the usa announced additional sanctions on Iranian crude oil, and OPEC+ made progress toward further delaying production increases.
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
Update: WTI Crude Closes Up 2.7% as OPEC+ Seen Delaying Return of Production Cuts
Tuesday S&P 500 Pulls Back From Highs, Nasdaq Climbs | Live Stock
OPEC+ Production Increase Likely to Be Postponed for Another Three Months – Commerzbank
Oil Trades Higher as OPEC+ Seen Delaying Return of Production Cuts to Market
Why Occidental Petroleum Corporation (OXY) Has the Biggest Upside Potential Among Oil Stocks
Investing in Occidental Petroleum (NYSE:OXY) Three Years Ago Would Have Delivered You a 74% Gain
Oil Prices Hold Steady Ahead Of OPEC+ Meeting
OPEC crude oil production capacity has expanded for two consecutive months, with the narrative of 'overcapacity' sweeping the oil market.
In November, the daily production increased by 0.12 million barrels; under pressure from allies, Iraq has been reducing production for three consecutive months.
OPEC's Power Is Waning. That's Bad for Oil Bulls. -- Barrons.com
S&P 500 and Nasdaq Hit Closing and Trading Highs Monday | Wall Street Today
U.S. Natural Gas Futures Retreat on Milder Forecasts -- Market Talk
Oil Edges Higher on Upbeat Chinese Economic Data and Rising Geopolitical Risk
Milder December Forecasts Lead to Dip in Natural Gas Stocks
December Starts With a Mixed Market | Live Stock