Signs point to stable to lower crude oil prices in 2025 because global production is expected to easily keep up with ...
Oil futures finished higher on Tuesday, a day after worries about the prospects for demand pulled prices for the U.S. benchmark crude below $70 a barrel. Gains for oil were modest, however, as traders ...
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and ...
Gasoline prices could fall below $3 per gallon by Thanksgiving as oil continues to drop on investor concerns over weak demand ...
Price moves -- West Texas Intermediate crude CL00 for December delivery CL.1 CLZ24 rose 57 cents, or 0.8%, to $68.61 a barrel on the New ... imported 10.53 million barrels per day of crude oil in ...
Imperial Oil Limited IMO reported third-quarter 2024 adjusted earnings per share of $1.71, which beat the Zacks Consensus Estimate of $1.48. This increase was driven by higher production at Kearl, ...
Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on ...
Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks ...
As Big Oil has been boosting production, it has been adding to global supply and frustrating OPEC+’s efforts to control oil ...
The latest CREG report released last week shows Wyoming can expect a $122 million surplus behind a surge in oil and gas ...
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle ...