Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks ...
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil prices down for 4th straight session as traders weigh supply and demand Weekly EIA supply data postponed to Thursday Last Updated: Oct. 16, 2024 at 3:29 p.m. ET First Published: Oct. 16, ...
Despite potential economic stimulus measures, China’s oil demand growth is expected ... the overall outlook points to lower prices unless there is a significant supply disruption or policy ...
In 1980, my boss M. I. T. professor Nazli Choucri presented the results of her world oil market computer model (which I assisted on) to the Energy Modeling Forum #6 at Stanford, where they were ...
The long-term expectation is for oil prices to move lower, not higher. That's because the balance between supply and demand has tilted toward supply, a dynamic that typically deflates oil ...