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Oil prices could turn volatile if OPEC+ fails to extend production cuts this weekend
Market Watch· 13 hours ago“The market is pricing in a rollover for the third quarter and perhaps a rollover to year-end,” said...
New Dangote Refinery in Nigeria Likely to See Growing Pains -- OPIS Analysis
Market Watch· 12 hours agoA Morgan Stanley analysis Thursday acknowledged that Dangote would eventually be a factor in North Atlantic refining but stressed that "it will take until 2025 for on-spec gasoline to be exported ...
Gas prices dip heading into Memorial Day weekend
Yahoo Finance via AOL· 6 days agoOn Friday, the national average for gasoline stood at $3.61 per gallon, down $0...prices have been slipping well below the numbers seen in the last three...
Nymex Overview: Futures Rally After Extended U.S. Memorial Day Weekend -- OPIS
Market Watch· 2 days agoOver the last week or two, oil and refined product futures have posted strong gains in the first half of the session before losing ground into settlement. The July Brent contract was on track ...
Mexican Presidential Candidates Agree on Clean Energy Shift, 'Nearshoring' — OPIS
Morningstar· 9 hours agoThe three main candidates running to succeed Mexican President Andrés Manuel López Obrador agree the country must speed its transition to cleaner forms of energy, boost electromobility and encourage ...
Gasoline Prices in California Are Sky-High. State Officials Have a Plan for That.
Barrons.com· 3 days agoMost Americans are hoping gasoline prices don’t go over $4 this summer. Chevron and some other top...
Nymex Overview: Petroleum Futures Modestly Lower in Light Trading Midday -- OPIS
Market Watch· 7 days agoPetroleum futures were off modestly at midday Thursday in light trading. Crude oil contracts were higher early in the session, but gave back those gains and more by midday. The weakness in crude ...
Nymex Overview: Crude Futures Rise After Four-Day Skid; Set for Weekly Loss -- OPIS
Market Watch· 6 days agoCrude oil futures rose slightly in pre-holiday trade Friday, set to rebound after a four-day pullback, as economic worries over high interest rates curbed...
Morgan Stanley Says Refining Margins Will Recover in Coming Months — OPIS
Morningstar· 1 day agoMorgan Stanley told clients Thursday that the weakness in refining margins is temporary and predicted widening margins in coming months. The bank said that May crude processing levels have been ...
Gasoline demand takes hit from inflation, EVs and fuel efficiency as drivers brace for summer
Market Watch· 7 days ago“Inflation fears have played a role in U.S. gasoline demand sliding in early 2024 as consumers...