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Oil is probably setting up for a repeat of 2020 or 2014
The Forex Market· 4 days agoOil has lost 1.7% since the start of the day on Tuesday, in addition to a more than 3% drop the day...
Oil prices see 'oversold bounce' after recent losses as traders weigh a rise in U.S. supply
Morningstar· 3 days agoOil futures settled higher on Wednesday, with prices recouping a portion of their losses from a five-session decline. Official U.S. data revealing weekly gains in commercial ...
OPEC+ Supply Move Spooks Oil Traders Still Waiting for Summer
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- OPEC+’s surprise decision to return oil supply to the market later this year has...
Plummeting oil, diesel, and copper prices signal economic stress. Here's why.
Morningstar· 3 days agoSome commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, crude oil, and copper prices, along with signs of a demand ...
C$ weakens as investors eye start of BoC rate cuts
Reuters via Yahoo Finance· 4 days agoThe Canadian dollar weakened against its U.S. counterpart on Tuesday as oil prices fell and investors braced for the potential start this week of an interest rate cutting ...
North Sea Floating Oil Storage Jumps to Highest Since Early 2022
MarineLink· 2 days agoPhysical oil markets have weakened globally in recent weeks, as lacklustre consumption has coincided...
AI’s Power Consumption Could Put the Grid — and Energy Regulators — to the Test | JD Supra
JD Supra· 5 days agoThe story of artificial intelligence (“AI”) is one of technological promise and societal challenge, and its impact on the U.S. electric power grid is...
Mills: Utility stocks increase from dismal 2023
Gannett via AOL· 6 days agoMany independent exploration-and-production companies also have increased stock values this year. Marathon Oil Corp. and Diamondback Energy are leading the group, jumping ...
The Energy Report: Energy Rice Bowl | Investing.com
Investing.com· 3 days agoThe short-term focus of the market weakness is on concerns that that OPEC’s production cut taper might mean a flood of oil that would be released, Also...
Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore
Market Watch· 4 days ago“Two years ago at this time, OPEC+ output was 2.2 million [barrels per day] higher than it is now,”...
