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Crude Oil Futures Face Downward Pressure Amid Demand Concerns and Stronger Dollar
20 Dec 2024 11:03 GMT
Crude oil futures are heading toward a … .
Further exacerbating the bearish outlook, OPEC+ has lowered its global oil …
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Brent Crude Oil Prices Toil as Market Awaits Fed Decision. Range Trading Ahead?
18 Dec 2024 18:13 GMT
… expected US crude oil stockpiles, but demand concerns remain.
OPEC+ is worried … and showed U.S. crude oil and distillate supplies went … the EIA on Wednesday. Crude oil reserves dropped by 934, … heading into 2025.
Brent Crude Oil Daily Chart, December 18, …
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Analysts Are Bearish on Crude Oil in 2025
18 Dec 2024 03:46 GMT
… they remain cautiously bearish on crude oil prices amid a myriad … although much will depend on OPEC+ production policy,” ING commodities … report last week.
If OPEC+ does begin unwinding the … Guyana, the IEA says.
OPEC also acknowledges demand has been …
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For the OPEC+ Oil Producers, a Year of Caution Paid Off
19 Dec 2024 23:01 GMT
… uncertainty clouding the picture, OPEC+ adopted a cautious approach … has forecast that Brent crude oil prices will end the … . Iran, while exempt from OPEC+ output restrictions, has managed … energy transition landscape. While OPEC+ has managed to stabilize …
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SPEEDING UP NIGERIA’S ECONOMIC RECOVERY
22 Dec 2024 07:18 GMT
… 37 billion barrels of proven crude oil reserves, over 207 trillion … of Petroleum Exporting Countries (OPEC) shows that the number … a gas endowed country that crude oil. Essentially, what Nigeria requires … actual expected volumes of crude oil and gas that the
…
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OPEC+ Frets Over U.S. Oil Output Growth Under President Trump
18 Dec 2024 12:42 GMT
… under incoming President Donald Trump, OPEC+ delegates have told Reuters. … growing production.
U.S. crude oil production continues to rise and … and with this, the OPEC+ production policy going forward. … Arabia and the other OPEC+ producers to justify an …
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NNPCL slashes petrol price to N899 in Lagos, N970 in other states – PETROAN
21 Dec 2024 14:46 GMT
… , given the global decline in crude oil prices and the naira’s … , as prices of both Brent crude oil and the U.S. West … $80 in recent months as OPEC struggles to cut production and …
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Commodity Talk: 25% returns in CY24 so far, can gold hit Rs 1 lakh in 2025? Kaynat Chainwala answers
21 Dec 2024 12:42 GMT
… second Trump presidency.
In contrast, crude oil is set to close the … other. On the supply side, OPEC+ has delayed its planned output … increase, while the OPEC, IEA, and EIA have revised … the US and other non-OPEC producers.
Q2: Can gold …
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Positive economic forecasts expected for GCC countries
21 Dec 2024 11:51 GMT
… light of the fact thatthe OPEC+ alliance is gradually liberalizing production … supply chains, the decline in crude oil prices, the decrease in global …
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3 Oil & Gas Stocks That Could Surge With Rising Energy Prices
21 Dec 2024 04:52 GMT
… by production cuts from OPEC+ and geopolitical and economic … be drawn from non-OPEC countries amid the ongoing … production cuts from OPEC+, which has further extended … , and produces bitumen, synthetic crude oil, and related products.
On November …