Daily Standup Top Stories Germany Ends Electric Vehicle Subsidies Abruptly In Latest Blow To Tesla December 17, 2023 Stu Turley Germany on Saturday effectively ended electric vehicle subsidies immediately. Tesla already is losing Model 3 subsidies […]
OPEC+ has seen its oil market share fall to 51% this year, the IEA said Thursday. While US oil output has soared, Guyana and Brazil have also produced record volumes in 2023. Brazil’s output jumped […]
Today LONDON : Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries about a supply surplus and weak Chinese demand, though prices rebounded after Saudi […]
Nasdaq LONDON – Oil prices fell on Monday, with the Brent benchmark dropping near $80 a barrel as investors awaited this week’s OPEC+ meeting and expected curbs on supplies into 2024. Brent crude futures LCOc1 were down 35 cents, or 0.4%, […]
Investing Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+ production are expected in the coming weeks. Source: Reuters Brent crude futures were up $2.19 to […]
The U.S. Energy Information Administration (EIA) has revealed its latest Brent spot average price forecasts for 2023 and 2024 in its October short term energy outlook (STEO), which was released this week. According to the […]
The trading arm of French supermajor TotalEnergies is gobbling up U.S. crude, pushing WTI crude for delivery at Cushing to its highest premium since November, Bloomberg has reported, citing unnamed sources. Dubbed Atlantic Trading and Marketing […]
The oil-price rally continued in full force on Monday, with Brent crude closing in on $95 per barrel in early afternoon trading, and some crude grades around the world topping $100. At 12:23 p.m. ET […]
Oil prices moved higher early on Friday, with Brent trading at $83.88 and WTI rising to $79.58. Despite the small increase, both WTI and Brent are on course for another weekly decline as supply concerns […]
China’s central bank pledges ample liquidity Dollar index eases from two-month highs Markets fear high U.S. interest rates for longer HOUSTON, Aug 17 (Reuters) – Oil prices rose on Thursday after falling for three straight […]
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