Crude oil price held steady on Tuesday as investors’ focus remain fixated on the US presidential elections. In the previous ...
Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...
“OPEC is simply cognizant of a weakening demand for oil and ... s Presidential election and the potential of a new tariff battle between the U.S. and China. ([email protected]) 1317 ET – The ...
"We are now in the calm before the storm," IG market analyst Tony Sycamore said, adding investors are focusing on the outcome ...
Oil futures finished sharply higher Monday after members of OPEC+ - made up of the Organization of the Petroleum Exporting Countries and its allies - said they would wait yet another month before ...
OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.
Escalating tensions in the Middle East and U.S. relations with China pose the greatest concerns for Big Oil, according to ...
pressured by China’s downbeat economy. Last month, OPEC reduced its outlook for oil demand for 2024 and 2025, citing data received so far this year. "This delayed supply increase means that maybe the ...
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.
The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...
Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...
Stating that the fundamental factors do not support higher oil prices, Emkay Wealth Management, the wealth management arm of ...