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Morgan Stanley Sees Oil Prices Dropping to the Mid-$70s Next Year
Baystreet· 20 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
Oil prices down to 1-½ mth low on weak outlook, surplus fears
Investing.com via Yahoo Finance Canada· 9 hours agoInvesting.com-- Oil prices fell in Asian trade on Tuesday, reaching their weakest levels since mid-June as expectations of a supply surplus and uncertainty over demand continued to chip away at sentiment.
Wildfires prompt evacuations of northern Alberta oilsands sites | CBC News
CBC.ca· 4 days agoOut-of-control wildfires blazing in northern Alberta have prompted fresh evacuations of workers from...
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...
WTI improves to near $80.00 due to declining US Oil stockpiles
The Forex Market· 6 days agoAPI Crude Oil stock fell by 4.4 million barrels for the previous week, against the expected decrease...
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...
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 ...
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 ...
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...
Russia Plans to Make OPEC+ Compensation Oil Cuts in Warm Seasons
Financial Post· 7 days agoRussia, currently the largest crude producer among the Organization of Petroleum Exporting Countries...