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Oil prices tick up after industry data shows fall in U.S. crude inventories Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Jan 08, 2025, 1:05 AM CST Crude oil prices moved higher today, after the release of production data from OPEC and Russia, showing both declined in December. An
Oil Prices Climb on OPEC Data and a Strong U.S. Economy Read More »
Brix Lelis – The Philippine Star January 4, 2025 | 12:00am The Department of Energy estimated upward adjustments of P0.40 to P.70 per liter for gasoline, P0.75 to P1 per liter for diesel and P0.70 to P0.80 per liter for kerosene. Michael Varcas / File MANILA, Philippines — Following a recent rollback, motorists can expect
Oil price hike to greet motorists next week Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info By Tsvetana Paraskova – Jan 02, 2025, 3:53 AM CST Oil prices began the 2025 trading year with a rise in Asia on Thursday as market sentiment turned positive on
Oil Prices Rise at the Start of 2025 as Demand Optimism Prevails Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jan 02, 2025, 1:03 AM CST Holiday travel caused a surge in the demand for gasoline and diesel last month in India, with gasoline seeing a 9.8% increase to 2.99 million tons in December, and diesel demand up 4.9% to 7.07
India’s Gasoline and Diesel Demand Surged in December Read More »
Synopsis On the first trading day of 2025, oil prices saw a modest increase, driven by optimism over China’s economic and fuel demand recovery following President Xi Jinping’s pledge to promote growth. Investors are cautiously gauging U.S. President-elect Donald Trump’s proposed tariffs, impacting crude oil’s movements. Agencies Oil prices rose on the first trading day
Oil rises as investors return from holidays, eye China recovery Read More »
Aerial view of a crude oil storage facility in Cushing, Oklahoma, U.S. (Photo: Tom Pennington) Getty Images As oil markets turn their attention to the year ahead, crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting futures prices in a largely flat week of characteristically low trading associated with the festive
Last U.S. Crude Inventory Data Of 2024 Lifts Oil Prices By Over 1% Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Dec 22, 2024, 6:00 PM CST Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining. Geological depletion rather than market dynamics poses the biggest challenge. Novel technologies
The American Shale Patch Is All About Depletion Now Read More »
Please enable JS and disable any ad blocker https://www.marketwatch.com/story/oil-prices-head-for-weekly-losses-on-strong-dollar-china-demand-worries-a2d3a525?mod=mw_rss_topstories
Oil prices score weekly losses on strong dollar, China demand worries Read More »
Oil prices set for a weekly loss in this final normal trading week of 2024. The hawkish message from the Fed on rate cuts for 2025 has scared investors away from commodities. The US Dollar Index did hit a two-year high for a third day this week and undergoes some profit-taking. Crude Oil prices look unable to avoid a
Crude Oil slides for a fifth day this week on Fed rate concerns Read More »
