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GCC’s non-oil sector sees robust growth despite output cuts
Gulf Business· 22 hours agoThe overall GCC budget position is projected to remain somewhat in surplus in 2024, driven by robust...
Oil Rises as Stockpile Drop Extends Rally Driven by Risk-On Tone
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Oil rose as a drawdown in US crude inventories extended a rally that has been...
The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs...
Business Insider via Yahoo Finance· 18 hours agoOther oil producers are continuing to pull back on production, too. OPEC+, the oil cartel led by...
Brazil Is Oil Market Wildcard After Near-Million-Barrel Plunge
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Brazil’s rebound from a stunning collapse in oil production promises to complicate ...
American apathy supports Oil
The Forex Market· 1 day agoThe price of crude Oil rose steadily in the previous fortnight and is starting the new week with a positive trend. The OPEC+ meeting in early June...
Russia’s Oil Exports Drop the Most in Three Months on Port Works
Bloomberg via Yahoo News· 6 hours ago(Bloomberg) -- Russia’s weekly crude exports fell by the most in more than three months in the seven...
Assessing Europe's Economic Appetite Amid Political Uncertainty | Investing.com
Investing.com· 5 days agoThe geopolitical tensions, tight OPEC supply, the rising summer demand, and reflation appetite are...
Oil expected to fall into $60 range in 2025 as inventories build: Citi
Yahoo Finance via AOL· 5 days agoOil prices are expected to stay in the mid-$80 range this summer, but increasing supply and slowing...
Gateway - Quartz
Quartz· 7 days agoSaudi Arabia and Russia have announced cuts to the global oil supply to combat falling energy prices, building on several reductions by the Organization of the Petroleum Exporting Countries ...
Oil Advances as Risk-On Sentiment Helps to Support Commodities
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Oil rose to the highest in more than a month as risk-on sentiment bolsters broader...