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Oil prices end higher to pare some of week's losses
Oil dips on oversupply concerns, heads for weekly loss
Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks.
Oil prices end higher to pare some of the week's losses
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for
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
IEA raises 2024 oil demand forecast
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, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.
IEA sees 2025 oil market in supply surplus
The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said in its monthly oil market report on Thursday.
IEA raises 2024 oil demand forecast, sees surplus looming in 2025
Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday, while it expects global supply to exceed consumption by more than 1 mb/d next year, primarily due to a slowdown in China's economy.
8h
on MSN
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
17h
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 ...
9h
on MSN
Big Oil breaks with Trump on potential second withdrawal from Paris Climate Agreement
The CEO of ExxonMobil said President-elect Trump should keep the U.S. in the Paris climate agreement during his second term ...
12h
on MSN
Oil prices settle higher but stay on track for a weekly loss
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
10h
on MSN
Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...
CBS News
2d
EPA to hit oil and gas companies with "methane fee" for drilling waste — but will it last?
Washington —
Oil
and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane ...
2d
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.
3h
on MSN
Trump’s wildcard Cabinet choices leave oil industry scratching its head
Some surprise nominees have the sector and lawmakers wondering if the president-elect will seek to install an unexpected ...
1d
on MSN
'Zombie wells,' oil and gas companies and other expected winners in the new Trump administration
Donald Trump’s win is a victory for oil and gas companies that will face fewer federal environmental regulations and a ...
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