CNN — The oil boom brought about by the Ukraine war has made energy-rich Middle Eastern countries extraordinarily wealthy once again. But experts warn that it may be the last such upswing. The energy ...
President Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ramping up the country’s oil production.
Pumping more oil is the best way to steer through the current oil market glut, Petrobras (NYSE:PBR) CEO Magda Chambriard told Bloomberg in an interview Friday, noting that even the company's least ...
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Current oil spike does not match market fundamentals
The current spike in oil prices as a result of the Iran-Israeli conflict is to be viewed as a temporary phenomenon, as there is no change in oil market fundamentals, analysts say. “Oil and gas are ...
The crude oil market is no stranger to volatility, and 2024 has been no exception. The combination of geopolitical tensions, OPEC’s decisions, and global economic shifts has kept oil prices ...
My last analysis on Chevron (NYSE:CVX) stock was a little more than a month ago (on 1-7-2025 to be precise). That article was titled "Chevron: Why I Agree With The Crowd On This One." As the article ...
With West Texas Intermediate (WTI) oil prices currently trading below $60 per barrel, according to data from Oilprice.com, which is significantly lower than a year ago, the overall energy business is ...
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