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Oil prices broadly flat after falling on dollar surge

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.

Wall Street Journal · 1d

Oil Edges Lower, Likely Weighed by OPEC’s Demand Forecast Trim

Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.

Barron's · 21h

Oil Prices Rise Slightly as Markets Worry About Demand

WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent

Reuters on MSN · 13h

Oil prices ease on fears of higher output, sluggish demand

Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains, weighed down by worries of higher global production amid slow demand growth, with a firmer dollar exacerbating the declines.

Conflict Watcher on MSN · 1d

Oil prices edge up slightly amid OPEC demand cut forecast

Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

The Economist2h

Big oil may be softening its stance on climate-change regulation

To add to climate warriors’ gloom, Shell, a British oil giant, won an important legal victory this week. In 2021 a Dutch ...

1hon MSN

Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Reuters9h

IEA sees 2025 oil market in supply surplus

LONDON, Nov 14 (Reuters) - The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd ...

E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?

The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas.

21hon MSN

Republican Sweep Opens Way to Boost Oil and Gas Development

Republicans are poised to pave the way to expand fossil fuel development, roll back Biden-era environmental regulations and curtail President Joe Biden’s signature climate law after securing unified ...

2don MSN

Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain ...

Investopedia on MSN2d

Understanding the Correlation Between Oil and Currency

She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. There is a hidden string that ...

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