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Oil prices settle lower, but snap three-week losing streak on demand hopes
Investing.com via Yahoo Finance· 7 hours agoInvesting.com-- Oil prices settled lower Friday, but still snapped a three-week losing streak, buoyed by hopes that a seasonal fuel demand over the summer period is poised to gather steam and dent crude stocks in the weeks ahead.
USA EIA Lowers 2024 Brent Oil Price Forecast
Rigzone.com via Yahoo Finance· 1 day agoThe EIA noted in its latest STEO that the Brent crude oil spot price averaged $82 per barrel in May, which it highlighted was down $8 per barrel from April. Daily spot prices also initially ...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 5 hours ago(anthony.harrup@wsj.com) 0831 ET – Oil futures are higher and on track for their first weekly gain in a month. This week’s performance is in part a...
Oil prices steady ahead of OPEC report, more rate cues By Investing.com
Investing.com· 5 days agoInvesting.com-- Oil prices rose slightly in Asian trade on Monday, steadying after three straight...
OPEC+ Unlikely to Raise Oil Output in 2024, Energy Aspects Says
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- OPEC+ plus countries probably will not need to raise oil output later this year...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Oil climbs on optimistic demand growth estimates for 2024
MSN News· 7 hours agoBy Robert Harvey and Natalie Grover LONDON (Reuters) - Brent oil futures prices ticked higher on...
OPEC Still Sees Strengthening Oil Demand as It Plans Supply Hike
Bloomberg· 3 days agoOPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group...
Oil Headed for Best Week in 2 Months: Energy ETFs in Focus
Zacks via Yahoo Finance· 7 hours agoImproving Demand Picture The Organization of the Petroleum Exporting Countries (“OPEC”) expects...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
New Hampshire Union Leader· 3 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
