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Oil slips for third day. Oil fell for a third straight session today, with the US benchmark depressed by brimming petroleum stockpiles, as the dollar jumped and Asian equities declined on investor ...
OPEC+ forecasts global oil demand to grow by 1.93 million barrels per day in 2024, down from the 2.03 million barrels expected in September’s report. OPEC+ also cut its demand forecast for 2025.
The group of oil-producing countries trimmed its forecast earlier this week for the third consecutive time, but still sees demand growth at healthy levels of 1.93 million barrels a day this year ...
Oil stocks at Cushing, Okla., the Nymex delivery hub, were down by 654,000 barrels at 25.1 million barrels. The EIA estimated U.S. crude-oil production at 13.5 million barrels a day, virtually ...
Traders are focused on the July 5 OPEC+ meeting, where a third consecutive production hike of 4,11,000 barrels per day is ...
Gold prices fell on Wednesday morning to their lowest level in over a week as a stronger dollar and rising US Treasury yields ...
Crude oil prices softened for the second consecutive day on Friday amid expectations of a resumption in U.S. tariffs and weak Chinese demand, ahead of the Organization of the Petroleum Exporting ...
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a historic policy shift that has sent crude prices sinking.