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Nov 2, 2023 · Overall, J.P. Morgan Research estimates that global oil markets could face a 1.1 mbd deficit in 2025, widening to 7.1 mbd in 2030. Consequently, oil prices could spike to $150/bbl over the near to medium term and $100/bbl over the long term — above J.P. Morgan Research’s $80/bbl long-term forecast.
4 days ago · US crude, gasoline stockpiles rise on weaker demand, distillates fall, EIA says ... which include diesel and heating oil, fell by 377,000 barrels in the week to 121.3 million barrels, versus ...
Apr 5, 2024 · Rising crude-oil prices have helped push energy stocks to record highs for the first time in nearly a decade. But it will take more than that to keep the rally going. Back in December, few...
Jun 5, 2024 · Summary. US crude stocks rise vs estimates for a fall, EIA says. US Fuel stocks see bigger-than-expected rise, EIA says. Fed to likely cut rates twice this year - Reuters poll. Saudi...
May 8, 2024 · Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw in crude stockpiles as refiners ramped up output ahead of the summer driving season.
Jun 12, 2024 · U.S. crude oil stockpiles rose by 3.7 million barrels last week as the country produced and imported more oil while exporting less, according to U.S. Energy Information Administration data.
Nov 2, 2022 · U.S. crude oil stocks fell about 3.1 million barrels on the week, according to federal data. Gasoline inventories while distillate stocks rose only marginally ahead of the key heating...
