Showing 1 to 12 of 183 results
OPEC+ Agrees to 411,000 Barrel-a-Day Oil Production Increase
OPEC+ agreed on July 2nd to increase oil production by 411,000 barrels per day, a compromise between Saudi Arabia's push for faster increases and Russia's call for a pause, reflecting tensions between the group's leading members amid healthy market fundamentals and low oil inventories.
OPEC+ Agrees to 411,000 Barrel-a-Day Oil Production Increase
OPEC+ agreed on July 2nd to increase oil production by 411,000 barrels per day, a compromise between Saudi Arabia's push for faster increases and Russia's call for a pause, reflecting tensions between the group's leading members amid healthy market fundamentals and low oil inventories.
Progress
32% Bias Score
Trump Rejects Iranian Uranium Enrichment, Raising Nuclear Tensions
Donald Trump's rejection of any Iranian uranium enrichment, despite leaked US proposals suggesting otherwise, has heightened global tensions, particularly with Iran stating it will reject any such deal; the IAEA warns Iran possesses enough material for nine nuclear bombs, and oil prices surged due t...
Trump Rejects Iranian Uranium Enrichment, Raising Nuclear Tensions
Donald Trump's rejection of any Iranian uranium enrichment, despite leaked US proposals suggesting otherwise, has heightened global tensions, particularly with Iran stating it will reject any such deal; the IAEA warns Iran possesses enough material for nine nuclear bombs, and oil prices surged due t...
Progress
60% Bias Score
Global Markets Slip Amid Rising US-China Trade Tensions
Global markets dipped as US-China trade tensions escalated, impacting European and Asian markets; oil prices rebounded after OPEC+ announced a production increase; the Canadian dollar strengthened against the US dollar.
Global Markets Slip Amid Rising US-China Trade Tensions
Global markets dipped as US-China trade tensions escalated, impacting European and Asian markets; oil prices rebounded after OPEC+ announced a production increase; the Canadian dollar strengthened against the US dollar.
Progress
52% Bias Score
Repsol Navigates Falling Oil Prices, Renewables Push
Repsol, facing lower oil prices impacting 2024 profits by 45%, is adjusting its business strategy by diversifying into renewable energy while maintaining its 2050 net-zero emissions target, although its current high CO2 emissions remain a concern.
Repsol Navigates Falling Oil Prices, Renewables Push
Repsol, facing lower oil prices impacting 2024 profits by 45%, is adjusting its business strategy by diversifying into renewable energy while maintaining its 2050 net-zero emissions target, although its current high CO2 emissions remain a concern.
Progress
40% Bias Score
Global Markets Face Uncertainty Amidst Jobs Data, ECB Meeting, and Trade Disputes
The upcoming week in world markets features key economic data releases, including the May U.S. jobs report (expected at 130,000 new jobs), an ECB interest rate decision, and an OPEC+ meeting to determine July oil production; ongoing court rulings on President Trump's tariffs add to market uncertaint...
Global Markets Face Uncertainty Amidst Jobs Data, ECB Meeting, and Trade Disputes
The upcoming week in world markets features key economic data releases, including the May U.S. jobs report (expected at 130,000 new jobs), an ECB interest rate decision, and an OPEC+ meeting to determine July oil production; ongoing court rulings on President Trump's tariffs add to market uncertaint...
Progress
36% Bias Score
OPEC+ Production Increase Drives 15% Oil Price Drop
The price of oil has fallen 15% this year, reaching a $20 difference between high and low, due to slower economic growth, reduced demand from the US-China trade war, and OPEC+ increasing production, which is seen as targeting the US fracking industry.
OPEC+ Production Increase Drives 15% Oil Price Drop
The price of oil has fallen 15% this year, reaching a $20 difference between high and low, due to slower economic growth, reduced demand from the US-China trade war, and OPEC+ increasing production, which is seen as targeting the US fracking industry.
Progress
44% Bias Score
Oil Prices Dip Amid OPEC+ Output, Trade Tensions
On Wednesday, oil prices dipped slightly in early Asian trade, with Brent crude at $65.58 and WTI at $63.32 per barrel, despite recent gains fueled by Canadian wildfires and stalled Iran nuclear talks; increased OPEC+ output and global economic concerns are impacting prices.
Oil Prices Dip Amid OPEC+ Output, Trade Tensions
On Wednesday, oil prices dipped slightly in early Asian trade, with Brent crude at $65.58 and WTI at $63.32 per barrel, despite recent gains fueled by Canadian wildfires and stalled Iran nuclear talks; increased OPEC+ output and global economic concerns are impacting prices.
Progress
48% Bias Score
Global Markets Mixed Amid US Trade Uncertainty
Global markets reacted to mixed signals from erratic U.S. trade policies and investor caution ahead of a key Trump-Xi meeting this week; Wall Street futures fell, while the TSX followed suit after a record high; oil prices steadied amid geopolitical tensions, while gold fell slightly.
Global Markets Mixed Amid US Trade Uncertainty
Global markets reacted to mixed signals from erratic U.S. trade policies and investor caution ahead of a key Trump-Xi meeting this week; Wall Street futures fell, while the TSX followed suit after a record high; oil prices steadied amid geopolitical tensions, while gold fell slightly.
Progress
56% Bias Score
OPEC+ Boosts Oil Output, Risks Market Glut
OPEC+ raised oil production by 411,000 barrels per day in July, its third consecutive increase, aiming to maintain market share despite weak prices and forecasts of a market surplus, potentially leading to a global oil glut and intensified competition.
OPEC+ Boosts Oil Output, Risks Market Glut
OPEC+ raised oil production by 411,000 barrels per day in July, its third consecutive increase, aiming to maintain market share despite weak prices and forecasts of a market surplus, potentially leading to a global oil glut and intensified competition.
Progress
40% Bias Score
OPEC+ triples oil production increase, impacting global prices
OPEC+ significantly boosted oil production in July by 411,000 barrels per day, exceeding initial projections, driven by geopolitical factors and pressure from the US, leading to a drop in oil prices to four-year lows.
OPEC+ triples oil production increase, impacting global prices
OPEC+ significantly boosted oil production in July by 411,000 barrels per day, exceeding initial projections, driven by geopolitical factors and pressure from the US, leading to a drop in oil prices to four-year lows.
Progress
48% Bias Score
Oil Prices Dip Despite Friday Increase
Oil prices edged higher on Friday, despite heading for a second weekly decline due to anticipated OPEC+ production increases and uncertainty surrounding reinstated US tariffs, impacting investor sentiment.
Oil Prices Dip Despite Friday Increase
Oil prices edged higher on Friday, despite heading for a second weekly decline due to anticipated OPEC+ production increases and uncertainty surrounding reinstated US tariffs, impacting investor sentiment.
Progress
20% Bias Score
Goldman Sachs Predicts Lower Oil Prices Through 2026
Goldman Sachs predicts Brent and WTI oil prices to average $56 and $52 per barrel in 2026, respectively, due to increased non-OPEC oil production exceeding 1 million barrels per day growth over the next two years, potentially causing an earlier peak in U.S. shale production around 2027.
Goldman Sachs Predicts Lower Oil Prices Through 2026
Goldman Sachs predicts Brent and WTI oil prices to average $56 and $52 per barrel in 2026, respectively, due to increased non-OPEC oil production exceeding 1 million barrels per day growth over the next two years, potentially causing an earlier peak in U.S. shale production around 2027.
Progress
40% Bias Score
Showing 1 to 12 of 183 results