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Oil prices make modest moves as attention turns to OPEC+ decision on crude production
Oil futures seesawed between modest gains and losses Wednesday after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil prices.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
4h
U.S. oil prices pare gains after a smaller-than-expected fall in U.S. crude supplies
Oil futures pared their early gains Wednesday after the Energy Information Administration reported that U.S. comm ...
2h
Trump’s Tariff Plan Threatens Higher US Gasoline Prices
US motorists should brace for a hike in gasoline prices under the incoming Trump administration plans to slap tariffs on ...
U.S. News & World Report
23h
Oil Prices Steady Amid Focus on Israel-Hezbollah Ceasefire, OPEC+ Policy
TOKYO (Reuters) -
Oil
prices
steadied in early trade on Wednesday, with markets assessing the potential impact of a ...
WSB Radio
5h
Oil prices are steady, OPEC sets meeting to talk turkey
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...
Crude Oil Prices
13h
Oil Prices Stable as Israel-Hezbollah Ceasefire Takes Effect
Crude oil prices remain steady amid an Israel-Hezbollah ceasefire and expectations of extended OPEC+ production cuts.
51m
on MSN
Trump's New Tariffs Could Create Higher Gas Prices
President-elect Donald Trump's threat to slap huge new tariffs on all imports from Canada and Mexico will likely cause gas ...
Yahoo
4d
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Goldman Sachs predicts that
oil
prices
could fall about 20% to the low $60s by the end of 2026. The analysts point to ...
1d
Oil prices risk moving lower as China demand falters: Analyst
Oil prices (CL=F, BZ=F) fell on Monday following reports that Israel and Hezbollah may be nearing a ceasefire deal. Stephen ...
12h
on MSN
Oil prices rise, with focus on Israel-Hezbollah ceasefire and OPEC+ policy
Oil prices edged up on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and ...
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Related topics
Goldman Sachs
Russia
Israel
Hezbollah
Ukraine
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