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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 »
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 – Dec 20, 2024, 1:41 AM CST Crude oil prices were on track for yet another weekly loss earlier today as pessimism about demand growth in China continued to
Oil Prices on Track for Weekly Loss as Demand Pessimism Dominates Markets Read More »
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MARC Ratings: Palm oil prices to average RM4,600 metric tonne in 2025 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 Premium Content By Irina Slav – Dec 19, 2024, 6:00 PM CST Demand pessimism in China has been a leading bearish narrative for oil this year. Oil moved in the narrowest range
December Oil Stability May Shift in January 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 Premium Content By Tsvetana Paraskova – Dec 17, 2024, 6:00 PM CST In early December, the OPEC+ group decided to delay the start of the easing of the 2.2 million
Analysts Are Bearish on Crude Oil in 2025 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 Premium Content By Irina Slav – Dec 16, 2024, 6:00 PM CST Natural depletion in shale reservoirs is signaling the end of rapid growth. Despite advancements like AI driving cost reductions and
U.S. Shale Nears Limits of Productivity Gains Read More »
A pump operator fueling a vehicle at a petrol station in Nairobi. [File,Standard] The latest monthly review by the Energy and Petroleum Regulatory Authority (EPRA) has seen a reduction in fuel prices. The pump prices for super petrol have decreased by Sh4.37 and Sh3 for diesel and kerosene. In Nairobi, super petrol will retail at
Fuel prices drop in latest EPRA review Read More »
WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock rose by 0.499 million barrels against an expected decrease of 1.30 million barrels. Traders are anticipating the upcoming OPEC Monthly Oil Market Report to evaluate crude Oil market trends for the year ahead. West Texas
WTI continues to rise toward $69.00 due to improved demand outlook in China Read More »
Author of the article: The Associated Press Zimo Zhong Published Dec 10, 2024 • 3 minute read HONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. indexes drifted lower on Tuesday ahead of an update on U.S. consumer inflation due later in the day. Article content Article content U.S. futures were little
Stock market today: Asian stocks are mixed ahead of key US inflation data Read More »
