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5 days ago · The two-week gains in crude oil prices represent a 7% increase for both Brent and WTI futures. The Brent futures expiring on 25 September jumped to as high as $86.24 per barrel, the highest seen ...
3 days ago · Brent crude futures rose 24 cents, or 0.3%, to settle at $85.25 per barrel. ... Dollar hits 38-year high vs yen; US stocks rise. ... -The U.S. dollar on Wednesday hit its highest level against the ...
4 days ago · The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says. The oil market could see a supply crunch, Goldman Sachs said. Oil demand will rise for ...
4 days ago · The western U.S. states of California and Washington will be importing 150,000 barrels per day of Canadian crude in June, for a seven-fold increase, while Iraqi crude exports to U.S. West...
4 days ago · Rystad Energy predicts near-zero global oil supply growth this year, marking the first time since 2020. Despite flat growth, the U.S. will set a new oil production record in 2024 due to higher...
3 days ago · With US crudes now in demand globally, the intersection between pipeline and seagoing markets at the US Gulf coast is central to global crude pricing. For more than two decades Argus WTI assessments at Midland and Houston have been the standard physical benchmarks for US crude, as well as the settlement indexes for a robust derivatives market.
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4 days ago · After falling in 2020 in step with crude oil production, EIA projects that associated natural gas will return to 2019 levels in 2024 and then steadily increase at a modest rate through 2050, primarily driven by increased drilling in the Permian.
