The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...
Crude oil prices are a major influence on the global economy, and they directly affect energy markets and investor ...
US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...
The European Union is considering a new cap on natural gas prices as part of its clean industrial deal, but the proposal ...
Nike (NYSE:NKE) is unlikely to experience a strong turnaround in China in the near term, according to UBS analysts, who expect "slow growth with little margin rebound over the next couple years." ...
India will begin licensing rounds for oil and gas blocks this week, Oil Minister Hardeep S. Puri announced. He expressed hope that energy supply issues would be discussed during Prime Minister Modi's ...
Tariff hikes could give Fed officials reason to drag their feet on rate cuts even if first-quarter inflation readings don't punch them in the nose again. "It probably biases them to just be a little ...
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