Tag #Oil Prices

Showing 25 to 36 of 183 results

theglobeandmail.com
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Global Market Rally Stalls Amidst U.S.-China Trade War Uncertainty

Global markets initially rallied on a 90-day U.S.-China tariff reduction agreement, but Tuesday saw a reversal as concerns over the trade war's long-term impacts emerged; Wall Street gained 3.3 percent on Monday but futures fell on Tuesday.

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44% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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Shell Considers Potential Acquisition of BP Amidst Market Volatility

Shell is evaluating a potential acquisition of BP, driven by BP's lower stock price following a Bloomberg report. This follows a period of consolidation in the oil industry in the late 1990s.

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36% Bias Score

Climate Action
abcnews.go.com
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Aramco Profits Fall 4.6% Amidst Lower Oil Prices

Aramco's first-quarter 2025 profits fell 4.6% to $26 billion due to lower global oil prices, impacting Saudi Arabia's large-scale development plans and potentially requiring alternative funding sources.

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56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Oil Prices Surge 4% Amidst Geopolitical Tensions and Resurgent Demand

On Tuesday, oil prices climbed about 4 percent to $62.60 (Brent) and $59.55 (WTI) due to increased demand from China and Europe, heightened Middle East tensions, and post-OPEC+ production hike bargain hunting, recovering from a four-year low.

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36% Bias Score

Affordable and Clean Energy
pt.euronews.com
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OPEC+ Production Increase Sends Oil Prices to Multi-Year Lows

OPEC+ boosted oil production by 411,000 barrels per day in June, causing prices to plummet to their lowest point since February 2021 amidst the worsening US-China trade war; this decision reflects a shift to a demand-driven market, impacting future price predictions.

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44% Bias Score

Affordable and Clean Energy
fr.euronews.com
🌐 75% Global Worthiness
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OPEC+ Increases Oil Production Amidst Price Drop and Growth Concerns

Eight OPEC+ members will increase oil production by 411,000 barrels per day in June, exceeding initial plans and adding to market oversupply despite a 20% oil price drop this year and reduced global growth forecasts, potentially impacting inflation.

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44% Bias Score

Climate Action
aljazeera.com
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Trump's Middle East Trip Aims for Trillions in Investment Deals

President Trump's Middle East tour, starting May 14th in Riyadh, Saudi Arabia, then proceeding to Qatar and the UAE on May 15th, aims to secure major economic agreements with these Gulf nations, potentially involving trillions of dollars in investment and oil price negotiations.

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36% Bias Score

Decent Work and Economic Growth
mk.ru
🌐 85% Global Worthiness
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Russia's Budget Deficit Triples Amidst Lower Oil Prices and Economic Uncertainty

Russia's budget deficit tripled to 3.79 trillion rubles (1.7% of GDP) due to lower-than-expected oil prices ($54.8/barrel vs projected $69.7) and advance government payments, prompting adjustments and raising concerns about funding sources.

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44% Bias Score

No Poverty
kathimerini.gr
🌐 75% Global Worthiness
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Rising US Oil Production Costs Threaten Output Amid Slowing Global Demand

Increased raw material costs and tariffs have raised the minimum price for profitable US oil production to \$65 per barrel, while slowing global demand threatens future output.

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40% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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Market Strategists Offer Diverging Views on TSX and Oil

BMO recommends quality and dividend growth stocks for TSX; RBC lowers Q2 2025 bank profit estimates due to higher performing PCLs; Scotiabank remains bearish on oil prices for the next 12-18 months.

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40% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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Mixed European Markets, Oil Drop, and Australian Election Impact

European markets saw mixed results after Friday's gains, with the STOXX 600 down 0.1%, while oil prices fell 4% following an OPEC+ production increase; the dollar weakened against major currencies, and the Australian market dropped 0.7% after Albanese's reelection.

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40% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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IMF Warns of MENA Economic Slowdown Amidst Oil Price Drop and Global Uncertainty

The IMF forecasts a $65-$69 per barrel Brent crude oil price in 2025-2026, impacting MENA energy exporters negatively alongside global uncertainty from US tariffs and geopolitical tensions, potentially decreasing regional growth by 2-4.5% and reduced US foreign aid adding further risk.

Progress

36% Bias Score

No Poverty

Showing 25 to 36 of 183 results