This week, crude oil prices experienced sharp declines driven by a combination of factors that negatively impacted market sentiment. Key concerns include weak demand from China and easing supply risks…
IEA
The International Energy Agency (IEA) is an autonomous organization that provides policy advice, data, and analysis on global energy issues. It promotes energy security, sustainability, and economic growth through international collaboration and research.
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Oil prices remained relatively unchanged during Thursday’s intraday trading sessions, following a sharp decline of more than 4% on Tuesday, which brought prices to a near two-week low. This drop…
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OPEC’s spare oil production capacity is often cited by analysts as a key factor when the specter of rising oil prices looms. The recent International Energy Agency (IEA) monthly report…
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Oil prices showed little change during Wednesday’s intraday session following a significant drop of over 4% on Tuesday, reaching a near two-week low. This decline comes amid easing concerns over…
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Oil prices experienced an uptick on Thursday, recovering from the recent lows observed over the past two weeks. Investors are closely monitoring developments in the Middle East while awaiting the…
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In response to a recent surge in crude oil prices, U.S. oil producers are proactively locking in future sales to secure their revenue streams. The price of U.S. crude jumped…
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Oil prices opened Wednesday with tentative gains, rebounding from a significant decline experienced on Tuesday. The fluctuations in oil prices come as traders refocus their attention on the ongoing situation…
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According to a recent report from the International Energy Agency (IEA), demand for natural gas is expected to increase more than previously anticipated. The agency forecasts that this strong demand…
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After years of sustained high oil prices and stringent market control, OPEC+ is encountering significant challenges that could reshape the global oil landscape. Recently, the Brent crude benchmark fell below…
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Crude oil prices continued their upward trajectory from Thursday, showing signs of breaking a three-week losing streak if current gains persist. However, the market’s momentum may be in jeopardy as…