Breaking News: CL – Market Insights, Analysis & Latest Updates

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Petrobras is finalizing due diligence for a bid to reacquire the Mataripe refinery, originally sold to Mubadala, amid ongoing negotiations over structure and pricing.

investing.com • 26/07/2024 - 10:03 AM

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Goldman Sachs says next US president to have limited tools to significantly boost 2025 oil supply

Goldman Sachs warns that the next U.S. president will have limited capacity to increase domestic oil supply; predicts fluctuating oil prices affected by tariffs and economic conditions.

investing.com • 26/07/2024 - 01:58 AM

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Oil prices in third weekly plunge as demand concerns bite

Oil prices fell for a third week due to weak demand in China, concerns over inflation, and possible ceasefire in Gaza, despite positive U.S. economic indicators.

investing.com • 26/07/2024 - 01:38 AM

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Oil falls 1.5%, ends week lower on China demand fears

Oil futures fell 1.5% due to declining Chinese demand and potential Gaza ceasefire. Brent crude settled at $81.13; WTI at $77.16. Refiners cut back as summer driving ends.

investing.com • 26/07/2024 - 00:41 AM

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A Trump presidency to pose mostly bearish risks for oil, Citi says

A Trump presidency might lower oil prices through tariffs and increased supply, while pressures on Iran may create volatile market conditions in an increasingly complex geopolitical landscape.

investing.com • 25/07/2024 - 17:54 PM

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Oil edges higher on upbeat US economic data

Oil prices rose due to strong U.S. economic data but faced limitations from reduced Chinese imports. Ceasefire talks in Gaza may further influence supply and prices.

investing.com • 25/07/2024 - 01:35 AM

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Oil prices settle higher on larger draw in US crude inventories

Oil prices rose as U.S. crude inventories dropped. Canadian wildfires threaten supply, while concerns about global demand and an anticipated surplus by 2025 linger.

investing.com • 24/07/2024 - 01:48 AM

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Oil prices finish higher as US oil, fuel inventories ease

Oil prices rose due to decreasing U.S. crude stocks and Canadian wildfires, but concerns about weak global demand and economic slowdown persist.

investing.com • 24/07/2024 - 00:52 AM

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US oil futures rise from lows after API reports surprise decline in crude stocks

U.S. crude oil futures rose after API reported an unexpected decline in crude inventories, falling by 3.9 million barrels, with gasoline and distillate stocks also decreasing.

investing.com • 23/07/2024 - 20:56 PM

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Oil prices fall 2% to six-week low on ceasefire talks, demand concerns

Oil prices fell to a six-week low amid ceasefire hopes in Gaza and demand concerns in China, while interest rate cut bets may support future prices.

investing.com • 23/07/2024 - 00:41 AM

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