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2 days ago · Oil edged higher after four sessions of declines as traders weighed falling US crude stockpiles and potential risks to production in the Middle East against underwhelming stimulus measures from China.
Oct 9, 2024 · Updated on. October 9, 2024 at 6:28 PM PDT. Translate. Listen. 1:44. Oil edged higher after a two-day decline as traders watched for an Israeli response to Iran’s missile attack early last week ...
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
3 days ago · October 02, 2024 at 3:50PM EDT. ADVERTISEMENT. Stay on top of your portfolio with real-time data, historical charts and the latest news on the oil and gas industry on BNN Bloomberg.
Jul 18, 2024 · The data strengthened WTI’s prompt spread — the price difference between its two nearest contracts — to $1.52 in backwardation. The bullish pattern signals demand is outweighing supplies in the short term. Meanwhile in Canada, wildfires once again threatened 400,000 barrels a day of oil production, putting piped shipments to the US at risk.
4 days ago · World oil demand is on track to expand by just shy of 900 kb/d in 2024 and close to 1 mb/d in 2025, marking a sharp slowdown on the roughly 2 mb/d seen over the 2022-2023 post-pandemic period. China underpins the deceleration in growth, accounting for around 20% of global gains both this year and next year, compared to almost 70% in 2023.
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China’s Zijin Buys Ghana Gold Mine From Newmont for $1 Billion. Zijin Mining Group Co. has bought the Akyem gold project in Ghana for as much as $1 billion in cash as the state-owned firm looks to add resources to meet its aggressive output targets. October 08, 2024 at 11:02PM EDT.
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