-
China Prompts A Retreat Back To Bearish Territory For Oil Traders, And Another Week Of Losses
27 Jul 2024 06:39 GMT
… demand optimism that informed oil trading this week, … Trans Mountain pipeline that cuts through Jasper continued to … Exporting Countries' (OPEC) Joint Ministerial Monitoring Committee … to production cut quotas – but analysts worry that falling oil prices …
-
Decade after downturn: How Aberdeen changed after oil price crash
27 Jul 2024 05:08 GMT
… cyclical nature of oil and gas production.
Tens of thousands … group Opec to voice concerns about too much oil in … producers were reluctant to cut global output.
Meanwhile, Chinese and … ” redundancies in oil and gas exploration and production activities, as …
-
Oil Prices Sink in Run-Up to OPEC Meet
26 Jul 2024 21:09 GMT
… , a weak starting point for OPEC as they prepare for their … , weighing on today’s prices.
OPEC officials have suggested that the … on many any changes to production cut quotas. While some analysts and … the cuts.
At 12:44 pm ET, the WTI crude oil benchmark …
-
Oil Posts Biggest Weekly Drop Since Early May
26 Jul 2024 20:08 GMT
Oil dipped as algorithmic traders took … about Chinese growth after Beijing cut rates this week in a … by supply cutbacks from the OPEC+ alliance and expectations for lower …
-
Volatility Dominates Oil Markets Amid Mixed Signals
26 Jul 2024 16:06 GMT
… the Bolsonaro-era divestments.
OPEC+ Overproducers Present Their … 2024.
Chinese Investors Cut Stakes in Indonesian Smelters. … the IRA restricts tax cuts to those with … heavy crude oil production for power generation.
Italian Oil Major Expands …
-
Goldman Sachs Warns Of Limited Oil Supply Options For Next US Administration
26 Jul 2024 14:51 GMT
… options to significantly increase domestic oil supply next year.
What … growth, stable oil demand, and market balancing by OPEC and its … allies.
Tariffs could lower oil prices … Federal Reserve delays interest rate cuts past 2025 due to …
-
Oil Prices Are Set for a Third Consecutive Weekly Loss
26 Jul 2024 10:47 GMT
… -desired Chinese demand.
Even so, oil made some gains earlier in … hopes of an interest rate cut in September.
On the other … , if the Fed delays rate cuts until after 2025 on persistently … .”
OPEC did indeed suggest it might begin to roll back some production …
-
Oil Posts Largest Weekly Decline Since Beginning of May
26 Jul 2024 03:17 GMT
(Bloomberg) -- Oil dipped as algorithmic traders took … about Chinese growth after Beijing cut rates this week in a … by supply cutbacks from the OPEC+ alliance and expectations for lower …
-
Oil nosedive abates - 07/28/2024
25 Jul 2024 21:59 GMT
…
U.S. commercial crude oil inventories for the week ending … of U.S. rate cuts and how negotiations progress in … presidential campaign will likely impact oil prices due to the centrality … exporting countries which together form OPEC+, OPEC said.
The entire over- …
-
Oil Rises Tracking Equity Market Rally
25 Jul 2024 20:43 GMT
Oil prices rose as an equity … . GDP figures beat estimates, helping oil prices pare some of the … lift from OPEC+ output curbs and expectations of US interest-rate cuts.
Crude …