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Venezuela's economy runs on oil - and music
BBC via Yahoo Canada News· 11 hours agoGDP declined rapidly, down by 70% since 2013. But Mr Maduro resorted to compensating for lower oil prices by printing money to fund spending, resulting...
Oil Price Update: Brent Holds Critical Support Amid US Inventory Decline
MarketPulse· 4 days agoOil prices have declined over the past four days, but Brent oil remains at a crucial support level....
Morgan Stanley Sees Oil Prices Dropping to the Mid-$70s Next Year
Baystreet· 6 days 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
Petroleum Division says import of oil from Iran through barter trade possible
The Nation· 5 days agoPetroleum Division has said that import of oil from Iran through barter trade is possible, however, it asserted that Pakistan doesn’t have enough goods to provide to Tehran ...
Goldman Sachs says next US president to have limited tools to significantly boost 2025 oil supply
StreetInsider· 11 hours agoThe Brent crude futures contract for September traded around $82 a barrel and U.S. West Texas Intermediate crude for September was around $78.
Major oil producers may withdraw again – Commerzbank
The Forex Market· 2 days agoThe price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At this...
Oil prices edge up off six-week lows
StreetInsider· 4 days agoU.S. West Texas Intermediate crude for September increased 78 cents, or 1.01%, to $77.74 per barrel. The likely reason for the wider sell-off has been the "diminishing hopes ...
Oil prices settle lower on Gaza ceasefire deal hopes; US inventory data eyed
Investing.com via Yahoo Finance Canada· 5 days agoInvesting.com-- Oil prices settled lower Tuesday, falling to their weakest levels since mid-June as growing expectations of a Gaza ceasefire and uncertainty over demand growth weighed on sentiment.
The commodities feed: Oil supply risks linger
The Forex Market· 4 days agoOil prices came under further pressure yesterday despite supply risks from Canada. Meanwhile, lead cancelled warrants fell by 750 tonnes to 58,200...
Refining Woes Hit Big Oil as Pressure Rises on Investor Returns
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- Refining margins are expected to prove a drag on oil-industry earnings, adding...
