Analysis: Can oil continue its rally? Demand concerns loom ahead
Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.
Geopolitical Concerns Have Oil Prices Back at October Levels
Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.
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Gas prices are often excluded from inflation calculations, but they do make a difference
The EIA reports that gas prices were on average 21 cents lower per gallon in 2024 than in 2023, thanks, in part, to a surplus ...
Oil market structure changes as prompt supplies tighten
The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...
Oil trims gains on dollar strength, tight supplies provide support
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...
Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices
Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three ...
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Crude Oil 2025 Forecast: Forecasters See Market in Surplus as Key Spread Disagrees
Oil starts 2025 higher on cold snap, but non-OPEC supply surge and China demand concerns cloud outlook. What to expect in ...