Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s ...
He appreciates that his undergraduate education was paid for by a program dreamed up by an oil magnate and that he ... like it have become “an echo chamber for pro-fossil-fuel narratives.” ...
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
Over the past few years, after the start of the Russia-Ukraine conflict, India has reduced its reliance on Middle Eastern and African oil in favor of a cheaper and abundant supply from Moscow.
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output ...
Worries of a full-blown trade war and more supply entering the market sent oil futures tumbling, briefly nearing multi-year levels on Wednesday, dragging energy stocks with it. On Wednesday ...
“There is plenty of supply around,” said Hardy on oil availability for 2025 and in the medium term. He commented that despite some “threats” to potential supply, he sees that “by and ...