(Reuters) -Oil prices dipped on Tuesday, retreating for a third straight day, as Israel accepting a proposal to tackle disagreements blocking a ceasefire deal in Gaza eased supply concerns ...
revised its oil demand growth forecast for 2024, predicting an increase of 2.0 million barrels per day. This is 80,000 barrels less than its previous estimate. The group also slightly adjusted its ...
In energy markets, oil ended the ... the second straight day. Brent crude closed at $72.69 per barrel, down 1 cent on the day for its lowest close since June 2023 for a third day in a row.
The nation produced 8.983 million barrels a day of crude in August, Bloomberg reported. With OPEC+ postponing its planned production increase to December, oil watchers are also debating whether ...
MSCI's global equities index edged down on Thursday as investors digested mixed economic data while they anxiously waited for ...
pushing up Oil price. Higher inventories can reflect increased supply, pushing down prices. API’s report is published every Tuesday and EIA’s the day after. Their results are usually similar ...
0736 GMT – Oil prices edge lower on persistent concerns over China’s demand outlook and growing expectations that OPEC and its allies will gradually increase supply starting from October.
Oil prices fell on Friday on rumors that OPEC+ would unwind its production cuts as planned beginning in October. At 12:27 p.m. ET, the WTI benchmark was trading down $1.85 (-2.44%) on the day at $ ...
Those fields are responsible for almost all the country's 1.17 million barrels per day of crude output. There was no confirmation from the internationally recognised government in Tripoli or from ...
Oil prices slipped as producers resumed operations post-Storm Francine, but futures still posted a weekly gain, the first in a month, driven by risk-on sentiment and reduced bearish positions ...
Both benchmarks, which a day earlier settled more than $1 higher, were on course for weekly drops. More than half of Libya's oil production ... or provided to this website from an external third party ...