OPEC has slashed its forecasts for U.S. shale oil supply multiple times as factors including investor caution hamper expansion, making the non-conventional supply less of a concern for the producer ...
Oil posted its first weekly loss since Russia invaded Ukraine and sparked one of the most uncertain and volatile periods the market has ever experienced. Futures in New York lost ...
Summary Oil prices rose 50% in 2021 JPM expects oil prices to "overshoot" to $125 this year Some OPEC producers are struggling to raise supply OPEC doesn't want oil at ...
The world’s third-largest oil importer, India, is currently the coronavirus hotspot. It has recently hit staggering record-breaking numbers of new daily COVID-19 cases, a statistic that dented oil demand and ...
On December 28, 2021, the gold prices rallied by around 1% after President Trump signed the $2.3 trillion bill that has $900 billion of pandemic relief aid. The other $1.4 ...
On December 11, 2021, oil extended gains as Brent added profits to top $50 for the first time since March. The rollout of COVID vaccination programs increased hopes that demand ...
The prices of crude oil have begun to rise continuously as investors continue to worry about the ongoing situation in the United States. There is no doubt that the COVID-19 ...
