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Buy GUSH
$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Crude Oil Demand Cools, China "Underdelivering"
09:53am, Tuesday, 15'th Oct 2024
@CharlesSchwab 's Jeffrey Kleintop says the "opposite to a silver lining" on crude oil prices falling is the soft demand, suggesting a lackluster global economy. He adds China's stimulus is underdeliv
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
09:29am, Tuesday, 15'th Oct 2024
The French oil company's warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.
Crude Oil Price Forecast – Crude Continues to Look Wild
09:25am, Tuesday, 15'th Oct 2024
At this point in time, the market continues to see a lot of noisy trading, as traders are trying to sort out where the market is going due to various factors. Ultiamtely, this is a place where you wil
S&P 500 set for another high as Goldman and BofA earnings impress, oil prices drop
07:59am, Tuesday, 15'th Oct 2024
Wall Street stock markets are set for a mixed start on Tuesday, though bank sector earnings continue to come in better than expected. S&P 500 futures suggest there could be a slight increase on the
Wall Street On Edge As Nasdaq Nears Record High, Oil Prices Plummet: Strategist Says There's Opportunity If Resilience Continues
06:43am, Tuesday, 15'th Oct 2024
Wall Street mood has become circumspect as traders gear up to receive a slew of earnings reports this week amid the market's record run. The Nasdaq Composite has been a laggard among the major average
Oil Plunges. Why China Is a Bigger Problem for Prices Than Israel, Iran War.
06:05am, Tuesday, 15'th Oct 2024
Crude benchmarks slumped on Tuesday as traders fretted about weak Chinese demand and weighed up a report saying that Israel won't attack Iranian oil targets.
Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions
05:42am, Tuesday, 15'th Oct 2024
World oil demand is expected to slow this year and in 2025 as consumption in China is particularly weak, according to the IEA. OPEC cut its 2024 forecast for the third month in a row this week.
Oil Falls Amid Worsening Sentiment
08:38pm, Monday, 14'th Oct 2024
Oil fell in the early Asian session amid worsening sentiment.
OPEC trims its China crude demand forecast, but nowhere near enough: Russell
08:16pm, Monday, 14'th Oct 2024
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the reality of falling imports.
Citi Sees Possibility of $120 Oil if Supplies Are Disrupted
02:49pm, Monday, 14'th Oct 2024
Crude oil prices could jump if supplies are disrupted by conflict in the Middle East, analysts at Citi Research said.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As OPEC Cuts Demand Forecast
02:38pm, Monday, 14'th Oct 2024
OPEC reduced 2024 demand growth forecast from 2 million bpd to 1.9 million bpd.
Why Saudi Arabia may ‘open the spigot' on oil production — and crater crude prices
02:37pm, Monday, 14'th Oct 2024
The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among a group of major oil producers known as OP
OPEC Cuts Oil Demand Outlook, Again
01:12pm, Monday, 14'th Oct 2024
Crude oil prices fell 2% Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.
People don't realize how key China's demand is to oil markets, says S&P Global's Dan Yergin
12:21pm, Monday, 14'th Oct 2024
Dan Yergin, S&P Global vice chairman, joins CNBC's 'Money Movers' to discuss outlooks on the oil markets as demand in China falls and tensions rise in the Middle East.
Crude Oil Price Forecast – Crude Oil Continues to See Noise
10:04am, Monday, 14'th Oct 2024
Crude oil continues to see a lot of noise in general, as the market continues to be focused on the global economy, and of course the geopolitical issues that always are a problem.
