U.S. Drilling Rigs Post Seventh Drop in Eight Weeks, Baker Hughes Says
Oil Posts Largest Gain in Nearly a Year as Iranian Oil Facilities Could Be Targets
Oil Options Show Market Sees Further Gains on Middle East Risks
OPEC Objects to Report About Saudi Minister's Warning About Production Cuts
Oil Prices Rise Over 3% as Israel Weighs Response to Iran Missile Attack
Saudi Minister Warns of $50 Oil If OPEC Members Don't Adhere to Production Cuts: Report
Oil Prices Pop as Reports Say Iran Preparing Missile Attack on Israel
Careful of soaring oil prices? Goldman Sachs warns: the oil market is completely unprepared for escalation in the Middle East conflict.
Goldman Sachs analyst Lindsay Matcham stated that further escalation of the conflict may have a significant impact on the market, especially if the conflict involves the potential closure of the Strait of Hormuz, which could likely lead to a surge in local oil prices; Goldman Sachs analyst Lina Thomas, in another report, highlighted four short-term positive drivers in the crude oil market - mentioning the Middle East trend.
U.S. Drilling Rigs Edge Lower for Sixth Time in Seven Weeks, Baker Hughes Says
Oil and Gas Activity Eased in Q3 as Pessimism Reigns, Dallas Fed Survey Says
Dallas Fed Survey Says 3Q Oil and Gas Activity Eases as Outlooks Worsen -- OPIS
Crude Inventory Fell 4.5M Barrels for Week Ended Sep 20 - EIA
Negotiations to restart the crisis at the Central Bank of Libya, recent warming in oil prices may return to a downward trend.
The competitors of this OPEC country's government have differences regarding the central bank governor issue; the stalemate has led to a significant decrease in crude oil production, triggering a tense mediation.
Oil: The End of an Era – Rabobank
OPEC is highly bullish on long-term oil demand, while the IEA sings a different tune.
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees.
Peak Oil Demand Not on the Horizon, OPEC Says in Outlook to 2050
OPEC's 2024 global oil outlook: bullish on the oil market prospects, no demand peak in the short term.
①OPEC believes that some countries and companies may resist overly aggressive clean energy goals, in addition, some global auto manufacturers have also adjusted their electrification goals, reducing investment in electric vehicles; ②OPEC expects global oil demand to reach 0.1189 billion barrels per day by 2045.
Peak Oil Demand Isn't on the Horizon, OPEC Says
Escalation in the Middle East Conflict Pushes up Oil Prices – Commerzbank
Global interest rate cuts combined with escalating geopolitical conflicts, oil prices rebounding from a three-year low.
Some analysts believe that as the impact of interest rate cuts wanes, the oil market may refocus on the issue of weak demand, leading to crude oil prices facing downward pressure again.