Tag #Oil Prices

Showing 133 to 144 of 321 results

theglobeandmail.com
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Oil Prices Surge After Iran Attack; Canadian Bank Earnings Dip; Housing Market Shows Underlying Stress

Global oil prices spiked to $75 per barrel following Israel's attack on Iran, while Canadian bank earnings showed a slight decline in Q2 2025 due to higher provisions for credit losses, and Canada's household mortgage debt service ratio remains stable, though interest payments are increasing.

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16% Bias Score

Climate Action
abcnews.go.com
🌐 85% Global Worthiness
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Mixed Asian Market Reaction to Stalled US-China Trade Talks

Asian markets traded mixed following a stalled Wall Street rally after the latest US-China trade talks yielded limited progress; the S&P 500 fell 0.3% and the Nasdaq composite slipped 0.5%, while inflation rose to 2.4% in May, below market expectations.

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44% Bias Score

Decent Work and Economic Growth
themoscowtimes.com
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Russia's Budget Deficit Soars to $44.2 Billion

Russia's budget deficit surged to 3.4 trillion rubles ($44.2 billion) in the first five months of 2025, primarily due to a 14.4% year-on-year decrease in oil and gas revenues and continued high government spending, exceeding initial projections by a substantial margin.

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44% Bias Score

Reduced Inequality
kathimerini.gr
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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.

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32% Bias Score

Affordable and Clean Energy
parsi.euronews.com
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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...

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60% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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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.

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52% Bias Score

Decent Work and Economic Growth
dw.com
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Israel-Iran Conflict: Short-Term Fuel Price Increase Predicted for North Macedonia

Following Israeli attacks on Iran, North Macedonia's Energy Regulatory Commission president Marko Bislimovski expects short-term increases in fuel prices due to a \$10 surge in Brent crude oil prices, but does not anticipate significant lasting effects on other goods.

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36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Oil Prices Soften Amid Trade Deal Uncertainty and Increased OPEC+ Production

Oil prices dipped in Asian trade on Wednesday, with Brent crude at US\$66.680 and WTI at US\$64.82, due to weak Chinese demand, rising OPEC+ production (411,000 barrels per day increase planned for July), and cautious market sentiment pending US-China trade deal approval.

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20% Bias Score

Climate Action
theglobeandmail.com
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Weak Oil Demand to Push Prices Down, Impacting US More Than Canada

S&P Global forecasts weak global oil demand growth in 2024, pushing benchmark crude prices potentially as low as US\$40, impacting US oil production more significantly than Canada's due to its price-sensitive shale production, while Canada faces a record trade deficit.

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40% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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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.

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48% Bias Score

Climate Action
theglobeandmail.com
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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.

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56% Bias Score

Decent Work and Economic Growth
forbes.com
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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

Climate Action

Showing 133 to 144 of 321 results