Tag #Oil Prices

Showing 145 to 156 of 321 results

elpais.com
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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.

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40% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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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...

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36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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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.

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40% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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OPEC+ to Establish 2027 Oil Production Baselines

OPEC+ agreed on Wednesday to create a mechanism to set 2027 oil production baselines, while separate talks may lead to a further 411,000 barrels per day output increase in July, reflecting ongoing internal disagreements among members regarding production capacities and quotas.

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32% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Oil Prices Stable Despite Trade Tensions

On Monday, oil prices saw minimal change, with Brent crude at $64.78 and WTI at $61.49 per barrel, following President Trump's extension of trade talks with the EU and potential new sanctions against Russia, although concerns remain about increased OPEC+ output and limited progress in US-Iran nuclea...

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40% Bias Score

Climate Action
theglobeandmail.com
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US Debt Concerns Drive Global Market Volatility

Global markets reacted to elevated U.S. Treasury yields and concerns over American debt on Friday, following Moody's credit rating downgrade and the passage of a new spending bill; Wall Street futures indicated a lower open, while TSX futures suggested potential gains; the 30-year Treasury yield hel...

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40% Bias Score

Reduced Inequality
lemonde.fr
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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.

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48% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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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.

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20% Bias Score

Climate Action
cincodias.elpais.com
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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.

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44% Bias Score

Affordable and Clean Energy
lexpress.fr
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Record Russian Attacks on Ukraine: Slow Gains Masked by Intensified Air Campaign

On May 25th, 2024, Russia launched a record 298 drones and 69 missiles on Ukraine, killing or injuring around sixty civilians, as part of a strategy to demoralize Ukraine and wear down its defenses while masking its slow military gains.

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64% Bias Score

Peace, Justice, and Strong Institutions
euronews.com
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Oversupply Fears Push Crude Oil Prices to Weekly Lows

Crude oil prices fell to their lowest levels in over a week on Friday, reaching $64.06 per barrel for Brent and $60.83 for WTI, driven by concerns over increased supply from Iran and a potential OPEC+ production hike in July, despite recent geopolitical tensions.

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40% Bias Score

Affordable and Clean Energy
abcnews.go.com
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Mixed Global Markets Amid Easing Treasury Yields and Falling Oil Prices

Global markets saw mixed results Friday, driven by easing U.S. Treasury yields (10-year at 4.52%, 2-year at 3.99%), falling oil prices ($60.99 for U.S. benchmark crude, $64.23 for Brent crude), and anticipation of increased OPEC+ output; the House approved a bill to cut taxes, potentially adding tri...

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36% Bias Score

Reduced Inequality

Showing 145 to 156 of 321 results