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
2024-12-17

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...

Oil
2024-12-13

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...

Oil
2024-12-12

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...

Oil
2024-12-10

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
2024-12-09

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...

Oil
2024-12-03

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...

Oil
2024-11-16

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...

Oil
2024-11-16

Oil Prices Rangebound Amid Weak Demand Outlook

Wedoany.com Report-Nov 13, Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain. In the physical market, a key supply gauge sug...

Oil
2024-11-13

Oil Steadies With Middle East Tensions and US Election in Focus

Wedoany.com Report-Nov 5, Oil steadied after jumping almost 3% on Monday on heightened tensions in the Middle East and OPEC+’s decision to delay restoring barrels to the market. West Texas Inter...

Oil
2024-11-05
Previous Next Jump to
Confirm