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Oil rises on tighter OPEC supply, US jobs data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.
Oil prices head higher, on track to settle at the highest since October
Oil futures headed higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with, buoyed by expectations for stronger demand.
Crude Oil Prices May Slip on Demand Concerns, Market Surplus
Crude oil was lower in Europe and ICICI Securities said prices are likely to slip further on demand concerns and expectations the market will remain in surplus despite OPEC+ members delaying production increases.
Oil Prices up on Tighter OPEC Supply, US Jobs Data
TOKYO (Reuters) - Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.
Oil prices end higher, lifted by a 'bullish outlook' for the year ahead
Oil futures on Tuesday marked their highest settlement since October, posting their sixth gain in seven sessions. A lot of the recent trade activity has been driven by “hedge
14h
OPEC oil output falls in December on UAE and Iran, survey finds
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
1d
OPEC Output Dips in December as UAE Improves Delivery of Cuts
OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...
اخبار 24
19h
OPEC output down in December
OPEC's production declined in December 2024, as the UAE scaled up implementation of supply cutbacks aimed at buoying global ...
15h
on MSN
Oil prices recover, but is market momentum fading?
Oil prices recouped losses from earlier in the session on Tuesday even as the market seems to be running out of steam amid ...
1d
Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
Crude Oil Prices
16h
Russia Claims Compliance With OPEC+ Oil Output Cuts in December
Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...
6d
on MSN
N.J. gas tax to raise pump prices on Jan. 1. But will we still be lower than national average?
On New Year’s Eve, the average price for a gallon of regular was $2.916 in New Jersey, compared to $3.04 for the national ...
Yahoo Finance
28d
OPEC makes fifth and biggest cut to 2024 oil demand growth forecast
In a monthly report,
OPEC
said it expects 2024 global oil demand to rise by 1.61 million barrels per day (bpd), down from 1.82 million bpd last month.
OPEC
also cut its 2025 growth estimate to 1. ...
4d
Venezuela's 2024 oil exports climb 10.5% amid political turmoil
Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the ...
Arise
22h
Nigeria Reaches 1.51m bpd Oil Output, Meeting OPEC Quota After Four Years of Shortfalls
Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...
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