With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders are clinging to positive signals in downstream markets.
Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about ...
If US President-elect Doanld Trump imposes a 25% import tariff on crude from Canada and Mexico, producers may cut prices and ...
Oil is likely to hold to its near-term bearish momentum as the risks of supply disruption fade in the Middle East and ...
Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation's ...
Exit polls taken on Election Day showed that nearly â…“ of voters ranked the economy as their top issue. Throughout his ...
Heads of commodities research at Goldman Sachs and Morgan Stanley said that oil prices are undervalued, citing a market deficit and risk to Iranian supply from possible sanctions under US ...
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if US President-elect ...
Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks and worries about the outlook for U.S. interest rates next year outweighed easing ...
"It would almost assuredly push us into a recession," a local energy economics expert said of Trump's proposed North American ...
Goldman Sachs has warned that Trump’s tariffs on Canadian and Mexican crude oil could hurt US consumers significantly.
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil ...