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Oil Inches Higher
Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures ended lower Monday, with talk of a potential cease-fire deal between Israel and Lebanon-based Hezbollah leading prices to shrink their ”security premium,” pulling global benchmark crude prices down by nearly 3%.
Oil holds steady, focus on Israel-Hezbollah ceasefire, OPEC+ meeting
Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also anticipating Sunday's OPEC+ meeting, where the group could delay a planned increase in oil output.
Oil Inches Higher as Market Assesses Israel-Hezbollah Cease-Fire Deal
Oil edged higher in early European trade after Israel and Hezbollah reached a cease-fire deal and as markets await OPEC+’s next policy move.
5h
Oil slips after surprise build in U.S. gasoline stocks
Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from ...
1d
on MSN
Oil prices are now 'a touch too low' relative to inventory, says Goldman Sachs' Daan Struyven
Daan Struyven, Goldman Sachs head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, ...
5h
on MSN
The Ultimate High-Yield Oil Stock to Buy With $500 Right Now
Right now, the best stock pick from that elite group is probably Chevron (NYSE: CVX). What do integrated energy giants like ...
Crude Oil Prices
4h
UAE’s Oil Giant Launches $80-Billion Chemicals and Green Energy Firm
ADNOC has launched a new $80 billion energy company, XRG, to focus on natural gas, chemicals, and low-carbon energy solutions ...
15h
Oil undervalued as market faces deficit, Iran's supply at risk, analysts warn
Oil prices are undervalued due to a market deficit, with the potential risk to Iran's supply from possible sanctions under U.S. President-elect Donald Trump, according to the heads of commodities ...
7d
Brent Oil Futures Maintain $70 Floor As Outages Drive Prices Higher
Oil benchmark Brent has held its price floor above $70 for much of November having threatened to breach it at one point. It ...
Crude Oil Prices
4h
Why Energy Giants Won't Turn Their Backs on Oil
Despite pledges to decarbonize, oil and gas companies remain focused on fossil fuels while global emissions hit record highs.
3d
on MSN
Occidental Petroleum Corporation (OXY): Analysts Are Bullish On This Oil and Gas Stock Now
We recently compiled a list of the Top 10 Oil and Gas Stocks To Buy According to Analysts. In this article, we are going to ...
8d
on MSN
'America first means commodities second': Oil and gas prices will tank under a Trump presidency, BofA strategist says
Trump's proposed tariffs will lead to a trade war, dampening energy demand and prices in the process, Bank of America's ...
1h
on MSN
UAE accused of defying Opec oil cartel
The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...
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