Hopes of Fed Cut Jolts Oil Prices | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jun 07, 2024, 9:00 AM CDT Brent crude jumped above $80 per barrel again on Friday morning following the ECB rate cut decision on Thursday. ...Continue Reading
Oil Bounces Back on Rate Cut Optimism | OilPrice.com Premium Content By Editorial Dept – Jun 07, 2024, 9:00 AM CDT Oil Market Weekly Recap and Forecast Oil prices closed higher on Thursday, rebounding after a week of significant losses. The market reacted positively to the European Central Bank’s (ECB) decision to cut interest rates,...Continue Reading
OPEC+ Paves the Way for 2025 Return of Crude | OilPrice.com Premium Content By Editorial Dept – Jun 07, 2024, 9:00 AM CDT In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week...Continue Reading
By Editorial Dept – Jun 07, 2024, 9:00 AM CDT OPEC’s decision on Sunday to leave the door open for rolling back some of the production cuts, while not an unprecedented move, has led to a bearish reaction in the oil markets, with prices plummeting in the days following the announcement. Analysts have expressed concern...Continue Reading
Saudis To Raise At Least $11.2 Billion from Aramco’s Share Sale | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Jun 07, 2024, 8:00 AM CDT The Kingdom of Saudi Arabia...Continue Reading
Australia Urged to Boost Renewable Investment to Meet Clean Energy Target | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Jun 07, 2024, 7:00 AM CDT Investment in renewable energy projects...Continue Reading
Oil Price Outlook More Bullish Than Selloff Suggests: Fund Manager | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 07, 2024, 5:00 AM CDT Portfolio manager Eric Nuttall believes the recent oil...Continue Reading
Canadian Oil Executives Slam Proposed Emissions Cap on Oil and Gas Production | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 07, 2024, 3:00 AM CDT Canadian oil executives have spoken out...Continue Reading
Oil Prices Set for Third Weekly Loss in a Row | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 07, 2024, 1:00 AM CDT OPEC+ surprised markets with the possibility of some...Continue Reading
Saudi Arabia Eyes Chipmakers for Diversification | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 06, 2024, 6:00 PM CDT Digital technology is a major focus of the Saudi Vision 2030 program led by Crown Prince Mohammed. This week saw the third edition of the...Continue Reading