Tag #Oil Prices

Showing 13 to 24 of 183 results

theglobeandmail.com
🌐 85% Global Worthiness
News related image

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.

Progress

32% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
News related image

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...

Progress

40% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
News related image

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...

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Global Oil Prices Tumble, Easing Pressure on Consumers

Global oil prices have fallen by over $1 a barrel, resulting in lower petrol pump prices in the UK and potentially easing pressure on households; OPEC+ is poised to increase oil production in July despite weaker global demand.

Progress

36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Strathcona's Unsolicited Bid for MEG Energy Could Spark Bidding War

Strathcona Resources Ltd. launched a $5.9-billion unsolicited takeover bid for MEG Energy Corp., potentially sparking a bidding war among Canadian oil producers and reshaping the industry landscape. This reflects improved sentiment in the oil sands sector, following the Trans Mountain pipeline expan...

Progress

44% Bias Score

Climate Action
smh.com.au
🌐 85% Global Worthiness
News related image

Trump's Energy Policy Contradiction: Lower Prices, but No Oil Boom

The Trump administration's conflicting goals of increased US oil production and lower oil prices are challenged by OPEC's revised production forecasts, lower-than-expected US production increases, and the negative impact of Trump's trade policies on the US oil sector.

Progress

56% Bias Score

Climate Action
lexpress.fr
🌐 90% Global Worthiness
News related image

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.

Progress

64% Bias Score

Peace, Justice, and Strong Institutions
euronews.com
🌐 85% Global Worthiness
News related image

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.

Progress

40% Bias Score

Affordable and Clean Energy
abcnews.go.com
🌐 75% Global Worthiness
News related image

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...

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
News related image

Spain's Fuel Prices Defy Crude Oil Price Drop

Spain's gasoline and diesel prices remain high despite a 20% drop in crude oil prices in euros, with experts citing market uncertainty, reduced demand due to trade wars, and limited competition among distributors as contributing factors.

Progress

48% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
News related image

North American Stocks Fall as Tariff Truce Euphoria Fades

North American stock markets opened lower on Thursday, with the Dow Jones, S&P 500, and Nasdaq falling significantly; UnitedHealth faces a Justice Department investigation; Walmart will raise prices due to tariffs; and economic data signals potential slowdown.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Oil Prices Fall Amid Rising Crude Inventories

On Wednesday, oil prices fell due to a reported 4.3 million barrel increase in U.S. crude oil inventories, despite declines in gasoline and distillate stocks; Brent crude dropped to $65.88, and WTI crude to $62.92.

Progress

24% Bias Score

Affordable and Clean Energy

Showing 13 to 24 of 183 results