Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge
Wedoany.com Report-Dec 21,Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, the worlds large...
Qatar Raises Oil Price for February Loadings
Wedoany.com Report-Dec 20,QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade. Reuters cited unnamed sources fam...
Oil Holds Weekly Gain After US Signals Tighter Russia Sanctions
Wedoany.com Report-Dec 17,Oil steadied after a weekly advance as the US signaled tighter sanctions on Russian crude and Chinese authorities vowed to shore up the nation’s economy. Brent crude tr...
Oil Prices up With China Demand Hopes
Wedoany.com Report-Dec 13,Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth. The internati...
US Agency Expects Oil Production to Grow in 2025 Despite Opec+ Decision
Wedoany.com Report-Dec 12,The US Energy Information Administration (EIA) expects global oil production to increase next year, with the bulk coming from countries outside the Opec+ group. Last week, Op...
Saudi Arabia Cuts Oil Prices
Wedoany.com Report-Dec 10,Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the market remains...
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Wedoany.com Report-Dec 09,Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut prices for its A...
Oil Prices Steady Amid Dollar Strength and OPEC+ Concerns
Wedoany.com Report-Dec 03, Oil steadied as strength in the US dollar and lingering concerns that OPEC+ won’t delay its production hike undercut signs of a gradual recovery in China’s econo...
USA EIA Lowers 2025 Oil Price Forecast
Wedoany.com Report-Nov 16, The U.S. Energy Information Administration (EIA) lowered its Brent spot average price forecast for next year in its latest short term energy outlook (STEO), which was releas...
Election Euphoria Ends For Oil Prices
Wedoany.com Report-Nov 16, The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand centered around Chi...