and substantial non-OPEC+ supply growth over the next few years can help cap oil prices below $100 a barrel, they said. That means oil prices should stay “anchored near term,” the strategists ...
Oil prices have slowly recovered since the start of the pandemic, topping $120 in the summer of 2022. Prices have since dipped below $100, and OPEC plans to cut production as a result. Stubbornly ...
Tankers in the Red Sea—through which around 12% of seaborne crude is normally shipped—are under attack by Houthi militants.
WTI Oil price (OIL) is trading within an ascending channel whose rising peaks and troughs indicate the commodity is in a short-term uptrend. Given the old adage that “the trend is your friend till the ...
Gasoline prices will rise along the east coast and in the South while drivers in California, Arizona and Nevada will receive a reprieve. Crude oil prices spiked in the aftermath of OPEC and Russia ...
Oil prices fell for a second-consecutive day on Wednesday, falling more than 1% following a report that U.S. crude stockpiles ...
Global oil prices extended declines Wednesday as investors ... 96.03 per barrel in early treading Wednesday after falling below the $100 mark for the first time since early May yesterday.
The counter-intuitive fossil fuel boom under Biden reflects an awkward truth for his supporters and detractors alike ahead of ...
Oil bulls will see $86 appearing as the next cap. Further up, $86.90 follows suit before targeting $89.64 and $93.98 as top levels.
Oil prices recently retreated, reversing a prior rally, driven by concerns over declining demand in the United States and China. WTI and Brent crude are trading below their 100-day moving averages ...
Crude oil prices have risen by almost 20% since late 2023, driven by OPEC’s lower output and Ukrainian attacks on Russian oil ...
California aims for 100% clean power by 2045, but recent data showed it's already reaching that goal for a few hours daily thanks to wind, water, and solar energy. In Germany, a similar milestone was ...