Financial News

Oil falls as investors weigh ample 2025 supply outlook, delayed OPEC+ output hike

Oil falls as investors weigh ample 2025 supply outlook, delayed OPEC+ output hike

By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Thursday as investors weighed an ample supply outlook for next year…
France’s political woes may trigger fresh Europe energy crisis: Maguire

France’s political woes may trigger fresh Europe energy crisis: Maguire

By Gavin Maguire LITTLETON, Colorado (Reuters) -The collapse of France’s government on Wednesday could have far-reaching consequences for Europe’s energy…
Exclusive-Varo Energy in talks to buy Preem’s Swedish refineries, sources say

Exclusive-Varo Energy in talks to buy Preem’s Swedish refineries, sources say

By Robert Harvey, Marek Strzelecki and Anna Hirtenstein LONDON (Reuters) – European energy firm Varo Energy is in talks to…
Oilfield service consolidation to increase under Trump, report says

Oilfield service consolidation to increase under Trump, report says

By Georgina McCartney HOUSTON (Reuters) – The oilfield service sector is poised for more consolidation in 2025, according to Deloitte’s…
Gold prices struggle despite weaker dollar; payrolls eyed

Gold prices struggle despite weaker dollar; payrolls eyed

Investing.com– Gold prices fell Thursday despite weakness in in the dollar ahead of key jobs report due Friday that is…
CME Group to offer 1-Ounce Gold futures in 2025

CME Group to offer 1-Ounce Gold futures in 2025

The CME Group, a prominent derivatives marketplace, has announced its plans to introduce a 1-Ounce Gold futures contract on January…
OPEC+ delays oil output hike until April, extends cuts into 2026

OPEC+ delays oil output hike until April, extends cuts into 2026

By Alex Lawler, Olesya Astakhova and Maha El Dahan LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ on Thursday pushed back the start of oil…
OPEC+ to delay supply increase by three months, Bloomberg reports

OPEC+ to delay supply increase by three months, Bloomberg reports

Investing.com — OPEC+ has decided to delay the restart of its oil production increases by three months, Bloomberg reported Thursday,…
Oil prices seen rising from mid-2025: Wells Fargo

Oil prices seen rising from mid-2025: Wells Fargo

Investing.com — Wells Fargo analysts predict a shift in global oil market dynamics by mid-2025, forecasting improved fundamentals and stronger prices…
OPEC+ likely to extend oil output cuts to support market- report

OPEC+ likely to extend oil output cuts to support market- report

On Thursday, OPEC+ is expected to postpone its planned increase in oil production, which was initially scheduled to commence in…
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