(Reuters) -Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in Ukraine capped gains as this could boost supply from Moscow.
International Energy Agency (IEA) on Thursday projected that global crude oil supply may exceed demand by around 1 million barrels per day (mb/d) in 2025 as rising trade tensions and OPEC+ winding ...
CALGARY (Reuters) -Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries could hurt global demand.
Unplanned oil supply outages due to geopolitical instability and other factors are causing significant disruptions in the airline industry, affecting stock prices and increasing flight costs.
“Oil price weakness will be baked into issuance projections,” he said. “When these governments were preparing budgets in ...
Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...
Oil prices rose amid U.S. and Russian supply disruptions and anticipation of Ukraine peace talks. Brent crude reached $76.04 per barrel, while U.S. crude futures climbed to $72.08 per barrel. Russian ...
OPEC+ extended its latest layer of cuts through the first quarter of 2025 in December 2024, pushing back the plan to begin raising the crude oil supply output for global markets to April 2025.( ...
Potential sanctions relief on Russia in case of a ceasefire or peace deal for Ukraine will not boost materially Russia’s oil supply to the market, according to Goldman Sachs. As the U.S. and ...
OPEC+ is set to start increasing oil supply to the market starting in April and will add about 120,000 barrels per day. This move has already caused prices to drop by $3 a barrel, reaching their ...
The supply of bottled soyabean oil in the market has increased after nearly three months of scarcity. However, market distributors are also offering other products alongside the cooking oil.
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