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Oil Dips to $82.71 Amid Demand Fears
Oil Dips to $82.71 Amid Demand Fears
Oil Prices Fall to $82.71 on Demand Concerns & IEA Warning.
IEA Forecasts 1.22M bpd Rise in 2024 Amid Supply…
Oil Slips: Brent -0.5%, WTI -0.6% Amid Demand Woes
Oil Slips: Brent -0.5%, WTI -0.6% Amid Demand Woes
Brent crude and WTI experienced slight declines, with a 0.5% and 0.6% drop respectively.
The IEA adjusts…
Global Oil Dynamics: Brent & WTI Surge: $82.93 and $77.98
Global Oil Dynamics: Brent & WTI Surge: $82.93 and $77.98
Oil prices climbed as OPEC maintains a strong demand growth forecast for 2024 and 2025.
U.S.…
LNG Export Pause May Spike Gas Costs by $18B
LNG Export Pause May Spike Gas Costs by $18B
Biden Administration's pause on new LNG export permits sparks controversy across the U.S.
9%-14% Rise in Gas…
Oil Prices Swing: 6.3% Rise Nearly Erases 7% Loss
Oil Prices Swing: 6.3% Rise Nearly Erases 7% Loss
Recent weeks saw oil prices swing dramatically, with a 6.3% gain in WTI nearly offsetting the prior week's 7%…
Oil Prices Climb 5.7%, Tensions Stir Market Waves
Oil Prices Climb 5.7%, Tensions Stir Market Waves
Brent futures rose slightly to $81.71 a barrel, while U.S. WTI crude increased to $76.39 a barrel.
Oil…
India Buys Russian Oil, Keeps Prices Below $150
India Buys Russian Oil, Keeps Prices Below $150
India's Strategic Purchases Cap Oil at $75.
Moscow Now Tops India's Oil Sources, 36%.
Renewables Target:…
Oil Prices Edge Up Brent Hits $78.97, WTI at $73.72
Oil Prices Edge Up Brent Hits $78.97, WTI at $73.72
Brent crude futures rose 0.5% to $78.97, while U.S. WTI climbed 0.6% to $73.72.
U.S. oil production…
Brent Crude at $77.97 as Geopolitical Events Unfold
Brent Crude at $77.97 as Geopolitical Events Unfold
Brent crude futures slightly down by 2 cents at $77.97 a barrel.
U.S. West Texas Intermediate crude…
Oil Stays Steady Amid Global Strains: A 7% Weekly Dip
Oil Prices Hold Steady Amidst Global Tensions: A 7% Weekly Decline
Oil prices remained stable in early trading on Monday in Asia, showcasing resilience after sharp…
A Volatile Week for Oil Markets: Brent Oil Rose 0.9%
A Volatile Week for Oil Markets: Brent Oil Rose 0.9%
Quick Look:
Oil prices rose, with Brent oil futures increasing by 0.9% to $79.38 a barrel and West Texas…
Shell Exceeds Expectations in 2023 Despite Market Challenges
Shell Exceeds Expectations in 2023 Despite Market Challenges
In 2023, British oil giant Shell exceeded analyst expectations with a robust financial performance. Key…
Europe’s Diesel Dilemma: The Red Sea Ripples
Europe's Diesel Dilemma: The Red Sea Ripples
Europe is currently grappling with a significant surge in diesel prices, a direct consequence of disruptions in the Red…
Saudi Arabia’s Aramco Hits Pause on Oil Production Expansion
Saudi Arabia's Aramco Hits Pause on Oil Production Expansion
In a surprising turn of events, Saudi Arabia's state-owned oil company, Aramco, has announced a…
Oil Surge in Middle East: Rising Tensions Push oil to $83.76
Oil Surge in Middle East: Rising Tensions Push oil to $83.76
The global oil market experienced a surge on Monday as tensions escalated in the Middle East. A drone…
2024 Oil Prices Soar: U.S. Growth & China’s Move Key
2024 Oil Prices Soar: U.S. Growth & China's Move Key
The world of oil trading is abuzz with excitement as we witness oil prices surging to a high in 2024. This…
WTI Hits 8-Week Peak: Surges Past $76 Amid US Stock Drop
WTI Hits 8-Week Peak: Surges Past $76 Amid US Stock Drop
In the ever-changing world of commodities, the oil market is back in the spotlight as West Texas…
Oil Jumps: Brent $79.92, WTI $74.71 Amid Tensions
Oil Jumps: Brent $79.92, WTI $74.71 Amid Tensions
Today, oil markets saw a modest surge due to ongoing tensions in the Red Sea, which affected supply chains in…
Gold Soars to $2,029: The New Economic Refuge!
Gold Soars to $2,029: The New Economic Refuge!
In the ever-changing landscape of global markets, investors often find solace in precious metals, with gold typically…
Gold and Silver Prices: Adjustment in Import Duties
Gold and Silver Prices: Adjustment in Import Duties
The Indian government's recent decision to raise import duties on gold and silver findings and coins caused…