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   Could oil prices top $100 a barrel next year?

   • Oil prices could top $100 a barrel next year as Russia lowers crude production and as demand from China bounces back, according to a UBS analyst. While Russia's oil output is holding up, the European Union ban on its seaborne crude exports will eventually be a drag, Giovanni Staunovo told CNBC on Monday.

   Oil prices could top $100 next year thanks to Russia's struggle to find b…

   www.msn.com/en-us/money/markets/oil-prices-could-top-100-next-year-thanks-to-russias-struggle-to-find-buyers-and-chinas-reopening-a-ubs-analyst-says/ar-AA15bDqB

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   How much does oil cost per barrel?

   • Capital Economics research group now expects global oil prices to rise from about $93 to $100 per barrel, with U.S. benchmark prices rising from $88 to $92. At the outset of Russia's invasion of Ukraine, global oil prices had climbed to as much as $128.

   OPEC will cut production by 2 million barrels a day, likely sending gas

   www.nbcnews.com/business/business-news/opec-announces-will-cut-production-2-million-barrels-day-move-likely-s-rcna50808

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   What happened to the personal consumption expenditures price index in May?

   • The personal consumption expenditures price index, an inflation gauge favored by the Federal Reserve, notched its lowest reading of three years. Both core and headline PCE fell to 2.6% year-to-year in May, just under the previous month's reading. Personal spending also picked up month-to-month, with real goods spending rebounding from weak April.

   Stock market today: Indexes cap stellar first half of 2024 with losses eve…

   uk.finance.yahoo.com/news/stock-market-today-indexes-cap-040333850.html

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2. energynews.oedigital.com › energy-markets › 2024Oil rates constant on United States inventories drawdown ...

   energynews.oedigital.com › energy-markets › 2024

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   9 hours ago · Oil rates steadied on Wednesday on expectations for greater need as the U.S. dollar weakened and a report revealed U.S. crude and gas inventories fell, but longer term, need in developed nations was seen flagging this year. Brent unrefined futures were down 5 cents at $82.33 a. barrel at 1042 GMT. U.S. West Texas Intermediate unrefined futures. ( WTI) fell 1 cent to $78.01 a barrel. U.S. crude ...

3. energymetalnews.com › 2024/06/29 › weekly-marketWeekly Market Review – June 29, 2024

   energymetalnews.com › 2024/06/29 › weekly-market

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   9 hours ago · Tin last traded at $32,208.00 per metric ton this week, ending 1.42% lower from its last weekly close at $32,671.00. Energy and Oil. Attention of investors and analysts are currently fixated on the U.S. inflation data even as crude oil prices maintained their hot streak, ending this week with its third consecutive weekly gain.

4. uk.marketscreener.com › quote › commodityEnergy Up on Expected Higher Fuel Demand -- Energy Roundup

   uk.marketscreener.com › quote › commodity

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   1 day ago · Energy companies rose on a continued rally in oil prices on expectations for a rise in summer fuel demand. EnCap Investments' $2.55 billion sale of oil-and-gas assets in Utah's Uinta Basin shows...

5. in.marketscreener.com › quote › stockWTI Closes Lower Even as U.S. Inflation Slowed in May While ...

   in.marketscreener.com › quote › stock

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   3 hours ago · 1e246d55d9fd18c4f.EJCfJHa-kFxWzzB3dujAS0lICgH6FvANFWG3W5Y0av0.eMWtTBXMoiQw-3lPMY22ASU-ODWYSZ5kYAPkGdlxWotX-M93PYqnHjD-BA Log in

6. uk.finance.yahoo.com › news › stock-market-todayStock market today: Indexes cap stellar first half of 2024 ...

   uk.finance.yahoo.com › news › stock-market-today

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   9 hours ago · West Texas Intermediate crude oil dropped 0.53% to $81.3 a barrel. Brent crude, the international benchmark, ticked 0.18% lower to $84.77 a barrel. Gold slipped 0.12% to $2,326. per ounce. The 10-year Treasury yield jumped 6 basis points to 4.349%. Bitcoin essentially stayed flat at $60,809.21. Read the original article on Business Insider

7. www.lse.co.uk › news › stocks-dip-as-investorsStocks dip as investors digest inflation data; dollar dips

   www.lse.co.uk › news › stocks-dip-as-investors

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   1 day ago · NEW YORK, June 28 (Reuters) - Global stock indexes edged lower on Friday, reversing early gains, while Treasury yields rose and the U.S. dollar declined as investors absorbed data that showed U.S ...

8. www.swissinfo.ch › eng › s&p-500-rally-hits-a-wall-atS&P 500 Rally Hits a Wall at End of Banner Quarter: Markets ...

   www.swissinfo.ch › eng › s&p-500-rally-hits-a-wall-at

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   1 day ago · West Texas Intermediate crude fell 0.3% to $81.53 a barrel Spot gold fell 0.2% to $2,324.07 an ounce This story was produced with the assistance of Bloomberg Automation.