Oil Prices End Higher After Tapping a 2-Week Low
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
Oil Falls as Demand Concerns Continue to Dominate Market -- Market Talk
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.
Revealed! The oil & gas industry in the USA calls out to Trump: Give up Biden's climate policy!
1. The oil & gas industry in the usa directly calls out to the newly elected President Trump, urging him to repeal many of the climate change policies implemented by the Biden administration; 2. The API urges Trump to cancel the federal government's delegation of authority to California, not allowing California to enact state tailpipe emissions regulations stricter than federal regulations, and to repeal the clean energy regulations of the United States Environmental Protection Agency (EPA).
Oil Edges Lower, Likely Weighed by OPEC's Demand Forecast Trim -- Market Talk
Petroleo Brasileiro SA Petrobras To Go Ex-Dividend On December 27th, 2024 With 0.46318 USD Dividend Per Share
Goldman Sachs Maintains Petroleo Brasileiro SA Petrobras(PBR.US) With Buy Rating, Raises Target Price to $17
Unusual Options Activity: OLLI, MSM and Others Attract Market Bets, OLLI V/OI Ratio Reaches 389.3
OPEC Trims Oil Demand Projections for Fourth Consecutive Month
Express News | Goldman Sachs Maintains Buy on Petrobras Brasileiro, Raises Price Target to $17
Petrobras Brasileiro Analyst Ratings
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
Oil Steady Amid Demand Concerns, Stronger U.S. Dollar -- Market Talk
Oil Prices Weaken as Markets Brace for New U.S. Policies -- Market Talk