Moreover, S&P expects Oman’s general budget to generate financial surpluses of 1.9% during 2024-2027. The agency also expects Oman’s real GDP to grow by an average of 2 percent annually during ...
Brent crude futures rose 37 cents, or 0.5 Percent , to $76.95 a barrel, while the U.S. West Texas Intermediate (WTI) futures ...
Despite the short-lived recovery in oil prices, analysts warn that the response from oil shorts remains strong, with bearish sentiment prevailing and many traders still aggressively shorting oil based ...
The downgrade marks the first Sell equivalent rating XOM has received in more than a year, with analysts predicting a further ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
U.S. oil production climbed by 100,000 barrels to 13.4 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub edged up by 1.2 million ...
Global oil demand likely to increase by 1.2 million bpd to 104.3 million bpd in 2025, lower than earlier forecast, EIA says ...
U.S. stocks are holding relatively steady following the latest scary swerves for Chinese markets. The S&P 500 slipped 0.1% in ...
"Despite the current heightened tensions in the Middle East, it is easy to forget that the oil market is very much vulnerable ...
Oil prices slid on Tuesday, settling down more than 4% on news of a possible ceasefire between Hezbollah and Israel, although ...
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% ...
The United States Brent Oil Fund Inc. (ARCA: BNO) is down Tuesday, reflecting a broader decrease in oil prices. This decline ...