You Searched For "oil demand" and got 20 results
Sort By:
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says
Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…
Kelly Cloonan
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …
Jennifer Sor
Why oil prices have plunged 3% today
Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…
Filip De Mott
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
Stock market today: Indexes fall, oil surges on Middle East turmoil ahead of jobs report
Indexes fell Thursday on rising risks to oil supplies amid escalating Middle East tensions and as t…
Kelly Cloonan
Russia's oil revenue has plunged as global crude prices tumble
Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…
Jennifer Sor
Why oil prices have cratered to their lowest level in nearly 3 years
The demand outlook for oil is weakening as recession concerns mount in the US and China's future lo…
Matthew Fox
Exxon says oil and gas will still be the dominant sources of energy by 2050
Exxon says oil and gas use will remain high until the middle of this century, as the world populati…
Kelly Cloonan
Why AI could weigh down oil prices in the next decade, according to Goldman Sachs
The impact to supply due to the use of AI could end up outweighing any rise in demand from AI's pow…
Kelly Cloonan
Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…
Matthew Fox
India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA
India, the world's third biggest oil importer and consumer, will in the second half of the decade b…
PTI
US oil production just hit a record high
US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…
Kelly Cloonan
The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says
Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…
Jennifer Sor
Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending
Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …
Kelly Cloonan
Stock market today: Indexes drop as tech shares slide before Apple, Amazon earnings
Indexes fell for a second day on Thursday as investors reacted to the latest tech earnings and dige…
Kelly Cloonan
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…
Filip De Mott
Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran
Oil prices are surging as Israel prepares for an attack from Iran after killing a Hamas leader in T…
Kelly Cloonan
Stock market today: Indexes trade mixed as traders look to break out of 3-day slump
The S&P 500 was up, but the Dow inched lower as traders tried to break a three-day losing streak. T…