Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
Oil prices have dropped below the $60-$80 WTI range, with a 16.7% decline year-to-date, signaling sector weakness. EIA data projects a significant global oil supply glut in 2024-2025, with inventories ...
The FTSE 100 index is set for a slight fall at today’s opening bell, having closed on Friday 0.3% higher at 9720.51. In a shortened Wall Street session, the Dow Jones Industrial Average rose 0.6% and ...
OPEC+ raised output to defend market share, signaling a deliberate shift away from price stabilization. U.S. shale’s record production and rapid adaptability have weakened OPEC’s traditional pricing ...
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“Oil prices surged yesterday ending the day with a 5.4 per cent gain on heightened geopolitical risk from the Middle East. A decision by the US to lighten embassy staff in Iraq and move personnel in ...
HOUSTON, Nov 12 (Reuters) - Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand in 2026, marking a further shift from its ...
ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...
The FTSE 100 dropped slightly at the beginning of the week as global markets exhibited a lack of confidence. The index ...
Exxon recently reported strong third-quarter financial results. The company's strategy of investing in its best assets is paying dividends. It expects to get even better over the next five years. That ...
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