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Morgan Stanley Sees Oil Prices Dropping to the Mid-$70s Next Year
Baystreet· 21 hours agoOil prices are expected to drop to the mid-$70s next year amid a surplus on the market, according to Morgan Stanley. Currently, the oil
Wildfire prompts MEG Energy, Imperial to move workers away from oilsands sites
The Canadian Press via Yahoo Finance Canada· 4 days agoMEG's Christina Lake site has a current production capacity of about 110,000 barrels of oil per day,...
WTI improves to near $80.00 due to declining US Oil stockpiles
The Forex Market· 6 days agoOil stockpiles. API Crude Oil stock fell by 4.4 million barrels for the previous week, against the...
Four Unexplored Indian Basins May Hold More Oil Than The Permian
Baystreet· 6 days agoFour largely unexplored sedimentary basins in India could hold up to 22 billion barrels of oil, S&P...
Oil declines as a sign of a weak economy
The Forex Market· 6 days agoThe latest Baker Hughes report saw a further decline in drilling activity, with the number of active oil rigs falling to 478 (-1 for the week) - a new...
Roth MKM cuts its oil prices forecast for 2024
StreetInsider· 7 days agoRoth MKM trimmed its oil prices forecast for 2024 amid heightened geopolitical risks and declining global oil inventories this summer. The investment bank ...
WTI falls to near $80.50 due to a widespread selloff in risk assets
The Forex Market· 4 days agoWTI price extends losses as the US Dollar improves due to increased risk-off sentiment. Higher US...
Europe Must Clamp Down on Russian Oil Flows Through Turkey | by Martin Vladimirov - Project...
Project Syndicate· 4 days agoBetween February 2023 and February 2024, European Union member states imported €3.1 billion worth of...
Should African nations develop their fossil fuel resources? – DW – 07/18/2024
Deutsche Welle· 5 days agoThe first phase of production from its Sangomar oil field, which sits some 90 kilometers (56 miles)...
USD/CAD holds ground above 1.3650 as Oil prices decline
The Forex Market· 6 days agoUSD/CAD faces challenges as the commodity-linked CAD struggles due to lower Oil prices. WTI Oil ...