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1. oilprice.com › Energy › Energy-GeneralStrong Fundamentals Suggest Oil Prices Will Continue to Climb

   oilprice.com › Energy › Energy-General

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   2 days ago · With the strong fundamentals that we are witnessing right now, crude oil could top $90 per barrel and keep going, analysts at Standard Chartered said earlier this week. In answer to the OPEC ...

2. ourworldindata.org › grapher › crude-oil-pricesCrude oil prices - Our World in Data

   ourworldindata.org › grapher › crude-oil-prices

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   Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

3. Videos

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     Crude Oil Prices Rise On Strong Demand Estimates For 2024 | CNBC TV18

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4. oilprice.com › Energy › Energy-GeneralThe Future of Oil Demand Is Increasingly Clear as Trends ...

   oilprice.com › Energy › Energy-General

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   2 days ago · Oil and gas are going nowhere. “Increased use of EVs, emerging clean energy technologies and more expansive efficiency policies are combining to chart a much slower growth trajectory for oil ...

5. www.ft.com › content › 67eafb4a-e4e8-442a-a52d-66afOil prices rally as peak driving season gets under way

   www.ft.com › content › 67eafb4a-e4e8-442a-a52d-66af

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   4 days ago · Oil prices rally as ... The EIA said inventories were now about 4 per cent lower than the five-year average for this time of year. ... the oil price has steadily rallied, with Brent crude rising ...

6. www.theglobeandmail.com › business › industry-newsOil prices rise on fuel demand expectations, easing U.S. dollar

   www.theglobeandmail.com › business › industry-news

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   Jun 24, 2024 · Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian refineries led to concerns about...

7. www.aogr.com › web-exclusives › exclusive-storyEIA, IEA Increase Global Oil Demand Projections - AOGR

   www.aogr.com › web-exclusives › exclusive-story

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   Jun 23, 2024 · Crude throughput is forecast to rise by 6.8 MMbbl/d from April to August, resulting in average annual growth of 4.5 MMbbl/d. Global crude oil and refined product inventories also continued to trend in the right direction, IEA says.

8. People also ask

   Why did oil prices rise 1% on Monday?

   • Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian refineries led to concerns about supply. An easing U.S. dollar added to the crude price strength. Brent futures for August delivery settled at $86.01 a barrel, gaining 77 cents, or 0.9%.

   Oil prices rise on fuel demand expectations, easing U.S. dollar

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-edge-higher-as-demand-expectations-offset-us-dollar/

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   What will oil demand look like in 2021?

   • IEA projects that oil demand will reach 96.7 MMbbl/d in 2021, a year over year increase of 5.7 MMbbl/d. IEA points out that global refinery throughput caught up with year-earlier levels in March for the first time since 2019, rising by 1 MMbbl/d month-over-month on a strong recovery in the United States following February’s deep freeze.

   EIA, IEA Increase Global Oil Demand Projections - AOGR

   www.aogr.com/web-exclusives/exclusive-story/eia-iea-increase-global-oil-demand-projections

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   Will oil prices rise in 2021?

   • The forecast of rising U.S. oil production is the result of EIA’s expectation that West Texas Intermediate prices will remain above $55/bbl through the forecast period. U.S. production of dry natural gas will average 91.4 Bcf/d in 2021, or about the same as the 2020 average, according to EIA.

   EIA, IEA Increase Global Oil Demand Projections - AOGR

   www.aogr.com/web-exclusives/exclusive-story/eia-iea-increase-global-oil-demand-projections

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   What is the forecast for oil production in 2022?

   • U.S. crude oil production is forecast to average 10.9 MMbbl/d in the second quarter and then gradually increase to 11.4 MMbbl/d by the fourth quarter and 11.9 MMbbl/d in 2022. The forecast of rising U.S. oil production is the result of EIA’s expectation that West Texas Intermediate prices will remain above $55/bbl through the forecast period.

   EIA, IEA Increase Global Oil Demand Projections - AOGR

   www.aogr.com/web-exclusives/exclusive-story/eia-iea-increase-global-oil-demand-projections

   See all results for this question

9. www.reuters.com › business › energyOil prices up 2% to two-month high on summer demand hopes ...

   www.reuters.com › business › energy

   5 days ago · Rising demand for fuel helped lift prices for U.S. oil products by around 3% on Monday with diesel futures closing at their highest in 10 weeks and gasoline futures closing at their highest in ...