The International Energy Agency has raised its 2026 global oil demand growth forecast to 930,000 barrels per day, citing ...
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Stocks rise as inflation dips and oil price rebounds
The FTSE 100 made strong headway on Wednesday, supported by a larger-than-expected cooling in inflation and a spike in the oil price. The FTSE 100 index closed up 89.53 points, 0.9%, at 9,774.32. It ...
JP Morgan predicts the international crude benchmark, Brent, could drop into the $30s per barrel by 2027 due to an overwhelming market oversupply. Goldman Sachs forecasts the U.S. benchmark WTI Crude ...
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
The Energy Select Sector SPDR Fund ETF (XLE) has sharply decoupled from oil prices, becoming extremely overvalued relative to the commodity. XLE's valuation has soared as sales and margins have ...
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