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Citi says oil to collapse to low $70s in 2024

Bloomberg (is gated) reported on Citi's view that the price of oil will fall sharply in 2024:Brent crude will collapse to the low $70s a ...

October 2, 2023, 9:17 pm

Tilray completes acquisition of 8 anheuser-busch craft beer brands

Shares of the cannabis company Tilray Inc (NASDAQ:TLRY) fell Monday after it completed the acquisition of eight beer brands from Anheuser-Busch InBev...

October 2, 2023, 6:29 pm

Oil price heading for 20% fall predicts citi

Crude oil prices to slump to as low as US$70 a barrel next year due to sluggish demand and as “peak ...

October 2, 2023, 8:46 am

7 energy stocks set to explode higher

Energy stocks are heating up and it's time to consider which ones are the best to buy. It was only a matter of time before the price of oil surged abo...

October 1, 2023, 1:34 pm

Commodities corner: why gasoline prices are set to fall even as oil marches toward $100 a barrel

U.S. oil futures posted a climb of nearly 9% in September, but gasoline prices at the pump have declined — and are expected to fall further thanks i...

September 30, 2023, 6:49 pm

Eia: us overall crude oil production up 0.7% to 12.99m bpd in july. highest since nov 2019

The EIA is reporting that:U.S. overall crude production grew by 0.7% to 12.99 million barrels per day in July, the highest level since November 2019.T...

September 29, 2023, 4:18 pm

Eyes on the product markets as oil retraces much of yesterday's gains

Oil backed off today with WTI crude settling $1.99 lower at $91.67.TD today touched on the big question in the oil market, presuming that OPEC+ will c...

September 28, 2023, 6:42 pm

Oil prices will hit $100 a barrel in 2024, goldman sachs' chief commodities strategist warns

Oil prices could tread as high as $100 a barrel in 2024, Goldman Sachs' Jeff Currie said. The outgoing ...

September 28, 2023, 3:37 pm

4 reasons oil prices are surging toward $100 a barrel

Oil futures are within spitting distance of the $100-a-barrel threshold as September comes to an end, e...

September 28, 2023, 1:32 pm

Oil roars higher on bullish eia data, within sight of $100

With oil firmly above $90 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix En...

September 28, 2023, 9:01 am

Oil surges to a new high of the year

As the chart shows, the day before yesterday, a barrel of WTI cost USD 87.87, but this morning, the pri...

September 28, 2023, 7:27 am

Market analysis: oil surges to a new high of the year

As the chart shows, the day before yesterday, a barrel of WTI cost USD 87.87, but this morning, the pri...

September 28, 2023, 7:19 am

Oil futures top $95 per barrel for the first time in a year

Oil futures topped $95 per barrel for the first time in a year, as traders react to dwindling inventori...

September 28, 2023, 5:25 am

3 energy stocks to buy for crude oil surge & stellar dividends

With WTI crude oil prices spiking 4% today and currently near $94 a barrel it's noteworthy that several...

September 27, 2023, 7:33 pm

Oil surges above $94 a barrel for the first time in a year as stockpiles shrink

US oil prices topped $94 a barrel on Wednesday for the first time in over a year, threatening to push u...

September 27, 2023, 4:41 pm

Exxon's stock poised for record high as oil futures try to claw back to $100 a barrel

Shares of Exxon Mobil Corp. XOM, +2.93% rallied nearly 3% on Wednesday and were on track for a record close, according to data going back to November ...

September 27, 2023, 3:39 pm

Strategic petroleum reserve decreased to 351 million barrels

Oil markets test session highs as traders react to the EIA report. The post Strategic Petroleum Reserve Decreased To 351 Million Barrels appeared firs...

September 27, 2023, 2:48 pm

Eia crude oil inventories for september 22 week -2.170m versus -0.320m estimate

Crude oil inventory draw of -2.170M vs -0.320M estimate. The private report showed a draw of -1.6 million barrels.Distillates build of 0.398M vs -1.29...

September 27, 2023, 2:31 pm

Us oil prices surge to their highest level in 2023

US crude oil prices hit their highest mark of the year on Wednesday.  West Texas Intermediate crude oil moved 3.62% higher to $93.64 a barrel....

September 27, 2023, 12:19 pm

Strategic petroleum reserve decreased to 351 million barrels

Oil markets test session highs as traders react to the EIA report....

September 27, 2023, 10:48 am


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