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Oil prices hold near 2-week low
Oil prices trade at 2-week lows on bets for a demand slowdown, supply surplus
Oil
futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks after a group of major
oil
producers lowered expectations for global demand growth. Traders also weighed prospects for
oil
demand and U ...
Oil slips towards 2-week low on gloomy demand outlook
OPEC lower demand forecast, China concerns weigh Iran ready for possible
oil
export curbs after Trump win API weekly US stockpile report due at 2130 GMT Nov 13 (Reuters) -
Oil
prices slipped on Wednesday, trading near their lowest in two weeks, a day after ...
Oil prices hold near 2-week low on gloomy demand outlook
(Reuters) -
Oil
prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global
oil
demand growth in 2024 and 2025 and amid demand concerns in China. Brent futures were up 49 cents, or 0.68%, to $72.38 a barrel ...
US sets methane fee on oil, gas emitters
E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?
The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas. Republicans may be able to repeal it.
Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies
Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule announced by the Biden administration
US sets methane fee on oil, gas emitters as Biden term winds down
U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.
14m
Government admits new oil field approved unlawfully
The UK government has admitted in court that the country's largest untapped oilfield, Rosebank off Shetland, was approved ...
14h
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
MarketWatch
42m
EIA lowers 2025 oil-price forecasts on expectations for output growth
The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-
oil
prices, citing an ...
2d
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
1d
OPEC Cuts Global Oil Demand Growth Forecasts For a Fourth Consecutive Month
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
CBS News
1d
EPA to hit oil and gas companies with "methane fee" for drilling waste — but will it last?
Washington —
Oil
and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane ...
1d
on MSN
Biden admin touts job well done replenishing oil reserves despite depleting them by half over last 4 years
The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...
Bloomberg L.P.
18h
US Climate Official Tells COP29 Oil Boom Aids Energy Transition
The surge of US
oil
and gas output under the Biden administration is an enabler of the energy transition, not a black mark ...
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