Yahoo Canada Web Search

Search results

1. Top Stories

   • Baystreet

     Why U.S. Oil and Gas Production Is Slowing Down

     America’s oil and gas production hit record highs at the end of 2023 and continues to be close to all-time highs, but growth has slowed down in

     1 day ago

   • 

     MarketPulse

     USD/CAD stalls after Canadian PMI data and Fed Chair Powell’s remarks. Where to next?

     4 days ago

   • 

     Deutsche Welle

     Can Putin rely on India to boost Russia's war economy? – DW – 07/04/2024

     3 days ago

   • Sherwood Park News

     Alberta records $4.3-billion surplus to end fiscal year

     2 days ago

   • Zacks via Yahoo

     The Zacks Analyst Blog Highlights BOAT, WGMI SLVP, MAGS and FDCF

     4 days ago

   • Yahoo Finance UK

     What a Labour election win could mean for investors

     5 days ago

   View all

2. • • NEW YORK, June 3 (Reuters) - Oil prices tumbled by $3 a barrel on Monday to their lowest in nearly four months, as investors worried that a complicated OPEC+ output decision could lead to higher supplies later in the year even though demand growth has been slow.
     Reference:

     Oil hits four-month low as OPEC+ decision fails to allay ...

3. People also ask

   Why did oil prices fall more than $1?

   • LONDON, June 4 (Reuters) - Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low in the previous session, Brent crude futures were down $1.11, or 1.4%, at $77.25 a barrel by 1336 GMT.

   Oil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com/business/energy/oil-prices-extend-losses-worries-supply-rising-later-2024-2024-06-04/

   See all results for this question

   What happened to oil prices in June?

   • The decision initially slashed oil prices that week, but they rebounded swiftly from 5 June onwards. According to the US Energy Information Administration (EIA), crude oil stockpiles declined by 2.5 million barrels to 457 million barrels in the week ending 14 June. Analysts had expected a reduction of 2.2 million barrels that week.

   Crude oil prices surge sparking concerns of raised inflation risk

   www.euronews.com/business/2024/06/24/crude-oil-prices-surge-sparking-concerns-of-risk-to-inflation

   See all results for this question

   Is a further drop in oil prices good economic news?

   • A further drop in oil prices would be “good” economic news, according to DataTrek Research co-founder Nicholas Colas. The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.

   Why oil’s recent drop is not a recession signal — and good news for sto…

   www.marketwatch.com/story/why-oils-recent-drop-is-not-a-recession-signal-and-good-news-for-stocks-b592f19c

   See all results for this question

   Why did crude oil prices rise two-month high?

   • Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.

   Crude oil prices surge sparking concerns of raised inflation risk

   www.euronews.com/business/2024/06/24/crude-oil-prices-surge-sparking-concerns-of-risk-to-inflation

   See all results for this question

4. www.reuters.com › business › energyOil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com › business › energy

   Jun 4, 2024 · Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.

5. www.reuters.com › business › energyOil hits four-month low as OPEC+ decision fails to allay ...

   www.reuters.com › business › energy

   Jun 3, 2024 · NEW YORK, June 3 (Reuters) - Oil prices tumbled by $3 a barrel on Monday to their lowest in nearly four months, as investors worried that a complicated OPEC+ output decision could lead to...

6. Videos

   • 

     oilprice.com

     Why Oil Prices Will Continue To Lag in 2024 | OilPrice.com

     Jan 3, 2024

   • 

     3:38

     youtube.com

     Lower oil prices will persist into 2024: Portfolio Manager

     Dec 6, 2023

     9.2K Views

   • 

     7:03

     youtube.com

     Expect 'downward pressure' in oil prices in first half of 2024, says S&P Global's Dan Yergin

     Dec 11, 2023

     37.9K Views

   View all

7. www.marketwatch.com › story › why-oils-recent-dropWhy oil’s recent drop is not a recession signal — and good ...

   www.marketwatch.com › story › why-oils-recent-drop

   Jun 4, 2024 · The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek...

   • Author: Christine Idzelis

   • Email: christine.idzelis@marketwatch.com

8. prod.iea.org › reports › oil-market-report-june-2024Oil Market Report - June 2024 – Analysis - IEA

   prod.iea.org › reports › oil-market-report-june-2024

   • Cached

   Jun 12, 2024 · Prices slid another $4/bbl after the 2 June OPEC+ meeting, with traders taking a bearish view of the gradual unwinding of last year’s voluntary output cuts. Oil’s price structure weakened in parallel, with front-month spreads briefly slipping into contango.

9. www.euronews.com › business › 2024/06/24Crude oil prices surge sparking concerns of raised inflation ...

   www.euronews.com › business › 2024/06/24

   • Cached

   Jun 24, 2024 · Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.

10. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 24 ...

    www.bloomberg.com › news › articles

    • Cached

    Jun 23, 2024 · Oil climbed, with a softer dollar and rising tensions with Russia providing support. West Texas Intermediate advanced 1.1% to top $81 a barrel, rebounding from Friday’s decline.

11. www.cnbc.com › 2024/06/04 › oil-prices-extend-lossesOil prices extend losses on worries of supply rising later in ...

    www.cnbc.com › 2024/06/04 › oil-prices-extend-losses

    • Cached

    Jun 4, 2024 · Nichola Groom | Reuters. Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried...