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Oil, OPEC

Oil prices broadly flat after falling on dollar surge

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.

Bloomberg L.P. · 2d

OPEC Cuts Global Oil Demand Growth Forecasts For a Fourth Consecutive Month

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.

Wall Street Journal · 1d

Oil Edges Lower, Likely Weighed by OPEC’s Demand Forecast Trim

Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.

E.P.A. to Charge Oil Companies 1st-Ever Methane Fee

The New York Times · 2d

E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?

The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas. Republicans may be able to repeal it.

The Associated Press on MSN · 2d

Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration.

FOX News on MSN · 18h

EPA's new rule to charge oil and gas companies for emissions could face a Trump reckoning

The EPA on Tuesday announced a final rule to charge oil and gas companies for emissions, but opponents say it could face obstacles under the incoming GOP administration.

3h

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...

7h

Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

IEA sees 2025 oil market in supply surplus

LONDON, Nov 14 (Reuters) - The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd ...

1d

Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Crude Oil Prices7h

Saipem Wins Contract for $10-Billion Suriname Oil Project

Saipem wins a $1.9 billion contract for engineering work on the $10.5 billion GranMorgu oil project in Suriname.

15hon MSN

Oil prices edge down, forecasts for higher oil output, weak demand growth weigh

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

2don MSN

Biden admin touts job well done replenishing oil reserves despite depleting them by half over last 4 years

The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...

2d

Oil and gas are gift of god, Azerbaijan president tells climate summit

Oil and gas are a “gift of god”, Azerbaijan ’s president Ilham Aliyev told the Cop29 climate conference on Tuesday. Speaking ...

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