Oil prices have climbed so far this week, with traders worried that Israel may decide to hit Iran’s oil infrastructure in retaliation to Tehran’s missile attack — but the market has a not-so-secret cushion that […]
Daily Standup Top Stories Top Foreign-Policy Takeaways From the Vice Presidential Debate October 2, 2024 Mariel Alumit The two contenders clashed over Iran’s threat to Israel, tariffs on China, border security, and the health of U.S. […]
Crude oil prices ticked higher today, even though the U.S. Energy Information Administration reported an estimated inventory build of 3.9 million barrels for the week to September 27, driven by the latest escalation in the Middle East. […]
Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]
Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled […]
The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
Conclusion on Oil Price Forecasts for 2024 The consensus among market analysts indicates that oil prices will likely remain elevated for the remainder of 2024, with projections suggesting an average price range for Brent crude […]
Oil prices are on track to post a second weekly gain as bullish sentiment builds and the prospect of a prolonged price rally becomes increasingly likely. Friday, September 20th, 2024 Oil prices are set to […]
Oil prices climb on the Fed’s rate cut, initially dampened by worries about the U.S. economy but lifted by ongoing tensions in the Middle East. Geopolitical uncertainty, including explosions in Lebanon, contributes to a shift […]
Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum. – The marked shift in oil sentiment recently […]
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