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Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.
Oil slips towards 2-week low on gloomy demand outlook
Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth forecasts for 2024 and 2025 and amid demand concerns in China. OPEC cited weakness in China,
Oil Prices Rise Slightly as Markets Worry About Demand
WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent
Oil prices edge up slightly amid OPEC demand cut forecast
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.
6h
Oil prices broadly flat after falling on dollar surge
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
55m
on MSN
Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
8h
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
The Economist
2h
Big oil may be softening its stance on climate-change regulation
To add to climate warriors’ gloom, Shell, a British oil giant, won an important legal victory this week. In 2021 a Dutch ...
36m
on MSN
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion
By Vallari Srivastava (Reuters) -Shale producer Ovintiv said on Thursday it was acquiring oil assets from Paramount Resources ...
Reuters
9h
IEA sees 2025 oil market in supply surplus
LONDON, Nov 14 (Reuters) - The world's demand for
oil
will fall short of supply by more than 1 million barrels per day (bpd ...
18h
Oil prices don't have a 'sustainable path' higher: Analyst
CFRA Research Energy equity analyst and deputy research director Stewart Glickman joins Asking for a Trend to discuss his ...
CBS News
2d
EPA to hit oil and gas companies with "methane fee" for drilling waste — but will it last?
Washington —
Oil
and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane ...
2d
E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?
The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas.
2d
on MSN
Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies
Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain ...
2d
Oil and gas are gift of god, Azerbaijan president tells climate summit
Oil and gas are a “gift of god”, Azerbaijan ’s president Ilham Aliyev told the Cop29 climate conference on Tuesday. Speaking ...
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