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US bank Morgan Stanley has lowered its 2025 forecast for oil consumption growth and oil ... tariffs imposed by US President Donald Trump and supply increase from Opec+. Markets on Monday morning ...
Furthermore, a reduction in Kazakhstan’s oil output had fueled worries about global supply. Amid the US’ 17-percent reciprocal tariff on the Philippines, fuel industry players remain concerned about ...
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
Saudi Aramco, Emirates National Oil and Abu Dhabi National Oil will continue to supply gasoline, diesel, kerosene and jet fuel to the East African nation under a 180-day credit plan, Daniel Kiptoo, ...
The selloff is also fueled by OPEC+’s unexpected decision to increase oil supply by three times the planned amount next month. ([email protected]) ...
"The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply," Goldman analysts said in a note.
OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will ...
Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...
Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran, though worries about the impact of a trade war on global ...
"But, there is a rising risk of larger supply risks down the road." Some analysts believe that Trump may not act on his threats, a view that is putting a cap on oil prices. IG analyst Tony ...
Possible benefits of coconut oil include increasing good cholesterol, controlling blood sugar, reducing stress, and more. However, more research into the effects of regular coconut oil use is ...
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