oil demand
The Latest
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Gold Slips By 1% While Oil Prices Surge Close To $75 A Barrel
Oil and gold prices reacted to the Federal Reserve's latest projection of possible post-pandemic rate hikes into 2023. Oil and gold prices reacted to the Federal Reserve's latest projection of possible post-pandemic rate hikes into 2023. -
Goldman Sachs Doubles Down On Bullish Call On Oil Prices This Summer
Goldman Sachs said oil prices will reach up to $80 per barrel this summer. Goldman Sachs said oil prices will reach up to $80 per barrel this summer. -
U.S. Oil Refineries Shut Because Of Winter Freeze
Prices of propane and gasoline are expected to rise to records if conditions do not improve. Prices of propane and gasoline are expected to rise to records if conditions do not improve. -
Saudi Aramco Reports 73.4 Percent Drop In Profits For Second Quarter
Oil demand will recover and profits will rebound in coming quarters, Saudi Aramco CEO Amin Nasser says. Oil demand will recover and profits will rebound in coming quarters, Saudi Aramco CEO Amin Nasser says. -
Oil Plunges Over 2% As Coronavirus Second Wave Spooks Investors
Over 25,000 new cases in the US were reported on Saturday, as more states tally new infections. Over 25,000 new cases in the US were reported on Saturday, as more states tally new infections. -
BP To Reduce Workforce, Affecting 10,000 Jobs Worldwide
Most of the jobs that will likely be affected by the cost-cutting measure will be redundant positions at BP's headquarters in the UK. Most of the jobs that will likely be affected by the cost-cutting measure will be redundant positions at BP's headquarters in the UK. -
Oil Surges To $25 A Barrel As Demand Picks Up On Loose Lockdowns
Trump visibly pleased by news of oil rebounding, tweeting the return of oil demand. Trump visibly pleased by news of oil rebounding, tweeting the return of oil demand. -
Oil Prices Drop As Worries On China-US Trade Tension, Oversupply Resurface
Traders say demand will possibly take over a year and maybe longer to return to pre-coronavirus rates. Traders say demand will possibly take over a year and maybe longer to return to pre-coronavirus rates. -
Exxon Suffers $610 Million Loss In First Quarter Due To Depleting Oil Demand
Exxon's massive loss in the first three months also caused by write-downs of $2.9 billion Exxon's massive loss in the first three months also caused by write-downs of $2.9 billion -
Oil Records Second Straight Day Of Advance As Signs Of Recovery Emerge
Reopening of economies has lifted hopes that market for oil will increase in the coming weeks. Reopening of economies has lifted hopes that market for oil will increase in the coming weeks.