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ExxonMobil (XOM) Expects Soft Gas Prices to Hurt Q2 Earnings
Zacks via Yahoo Finance Canada· 7 days agoHowever, XOM projects that a favorable crude pricing scenario in the June quarter will completely...
International Oil Companies Caught in Kurdish Smuggling Web
Oilprice.com via Yahoo Finance Canada· 2 days agoA Reuters investigation reveals a booming black market for Kurdish oil, with thousands of tanker trucks smuggling crude to Iran and Turkey despite a pipeline closure.
OPEC's Monthly Oil Market Report: Here Are the Key Takeaways
Zacks via Yahoo Finance Canada· 5 days agoFollowing OPEC's robust oil demand view, we believe the space is a good one for investors to take a...
Oil Slips on Weak Chinese Data, Easing Supply Concerns
Barrons.com· 6 days agoOil prices were edging lower on disappointing economic data from China and easing fears over supply...
America’s Roundup: Dollar loses ground after Federal Reserve chair's remarks, Wall Street ends...
EconoTimes· 11 hours agoMarket Roundup Canada May Wholesale Sales (MoM) -0.8% ,2.0% forecast,2.4% previous Canada May...
Supply risk drives oil market upside – TDS
The Forex Market· 7 days agoOil market upside is driven by supply side risk. Meanwhile, the impact to oil supply from hurricane Beryl was less than expected, adding further downward...
Wildfires encircle Fort McMurray, threatening crude production
Financial Post· 5 days agoA ring of wildfires has erupted around Canada’s unofficial oilsands capital of Fort McMurray, adding...
BP Faces $3B Hit in 2Q24 Amid Refining Challenges & Low Demand
Zacks via Yahoo Finance Canada· 6 days agoBP has warned investors of significantly lower realized refining margins, which could slash its...
USD/INR grinds flat ahead of Indian WPI Inflation data
The Forex Market· 1 day agoThe Indian Rupee (INR) trades flat on Monday despite the recovery of the US Dollar (USD).
Global Oil Consumption Hits Historic 100 Million Barrels Per Day Milestone
Oilprice.com via Yahoo Finance Canada· 5 days agoThe 2024 Statistical Review of World Energy reveals record-breaking global oil consumption, shifting production trends, and the impact of geopolitical events on major players like the U.S., Russia, and Saudi Arabia.