Oil - Search News

Oil heads for weekly loss

Oil heads for weekly loss as Chinese demand continues to underperform

Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its uneven economic recovery.

Wall Street Journal · 1h

Oil Set for Weekly Loss Amid Demand Worries, Rate-Cut Slowdown Prospects

Oil was more than 1% lower in Europe and headed for a weekly loss on a gloomy demand outlook and expectations of fewer Fed rate cuts.

MarketWatch · 15h

Oil prices end higher to pare some of the week's losses

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for

Oil, OPEC

Reuters · 1d

Oil prices broadly flat after falling on dollar surge

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.

Business Insider · 1d

OPEC again reduces 2024, 2025 oil demand growth forecasts, Reuters reports

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions,

Conflict Watcher on MSN · 1d

Oil prices edge up slightly amid OPEC demand cut forecast

Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.

What Do Diesel And Gasoline Tell Us About Oil Prices?

Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

4hon MSN

China's oil refinery output falls from a year ago for a seventh month

China's refinery throughput in October fell 4.6% from last year, down from year earlier for a seventh month, as plant ...

15hon MSN

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

16hon MSN

Big Oil breaks with Trump on potential second withdrawal from Paris Climate Agreement

The CEO of ExxonMobil said President-elect Trump should keep the U.S. in the Paris climate agreement during his second term ...

22hon MSN

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?

The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas.

19hon MSN

Oil prices settle higher but stay on track for a weekly loss

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

10hon MSN

Trump’s wildcard Cabinet choices leave oil industry scratching its head

Some surprise nominees have the sector and lawmakers wondering if the president-elect will seek to install an unexpected ...

13h

Over 1,700 coal, oil and gas lobbyists granted access to Cop29, says report

Fossil fuel-linked lobbyists outnumber delegations of almost every country at climate talks in Baku, analysis finds ...

17hon MSN

Billy Bob Thornton takes on oil industry in new series, "Landman"

Oscar-winning actor Billy Bob Thornton joined "CBS Mornings" to discuss his new role in "Landman," the latest Paramount Plus ...

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