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Oil prices settle higher as soft CPI release offsets surprise US inventory jump
Investing.com· 3 days agoInvesting.com-- Oil prices settled higher Wednesday, as a cooler inflation report supporting...
EIA forecasts larger records for 2024 US oil output, global demand
Reuters· 3 days agoIt expects U.S output to be around 13.71 million bpd next year, slightly below the previous 13.73...
Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi
MarketWatch via Yahoo Finance· 3 days agoOil prices CL00 are rising after data showed falling inventories, though in line with Citi’s bearish...
Major Oil Surplus Seen This Decade as Demand Hits Peak, IEA Says
Bloomberg· 3 days agoGlobal oil markets face a “major” surplus this decade as the shift away from fossil fuels causes...
China Limits Corn Imports As Domestic Production Accelerates By Yolowire.com
Investing.com· 18 hours agoAt the International Grains Conference, Li Shengjun, director of China's national grain and oils...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 1 day agoThe agency predicts 3% growth in consumption this year and an additional 2% in 2025, citing more demand for air conditioning and the high tech...
US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel
WFLA via Yahoo Finance· 3 days agoIndustry analysts point to a blend of lackluster demand and strong supply — as well as relatively...
Oil demand set to peak by 2029, major supply glut looms, IEA says
Reuters· 3 days agoGlobal oil demand will peak by 2029 and begin to contract the following year while the U.S. and...
The Energy Report: Throwing a Flag Day | Investing.com
Investing.com· 15 hours agoIt’s Flag Day today and what better day to point out that OPEC called a penalty flag on the...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
New Hampshire Union Leader· 4 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...