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Oil Climbs on Optimistic Demand Outlook

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

Will Oil Stocks Go Up in 2024?

As investors seek to navigate the complexities of financial markets, one question looms large: Will oil stocks go up in 2024? The performance of...

What are the best oil stocks to buy right now?

Investing in oil stocks can be a lucrative opportunity for investors looking to capitalize on the global demand for energy and the recovery of...

Is It Good to Invest in Petroleum Stocks?

Investing in petroleum stocks has long been a topic of interest for investors seeking exposure to the energy sector. Petroleum, also known as crude...

Oil Prices Hold Steady as Investors Exercise Caution Ahead of Fed Meeting and CPI Data

Oil prices remained largely unchanged on Tuesday as investors adopted a cautious stance while awaiting key U.S. and China Consumer Price Index (CPI) data,...

Oil Prices Rise Amid Expectations of September US Interest Rate Cut

Oil prices continued to climb on Thursday, supported by growing expectations of an interest rate cut from the U.S. Federal Reserve in September. However,...

Dollar Edges Up Ahead of Key Data and Bank of Canada Policy Meeting

The dollar stabilized on Wednesday, anticipating crucial U.S. economic data releases and a monetary policy meeting in Canada that traders speculate could trigger rate...

Stocks Gain on Rate-Cut Wagers as ECB Meeting Looms

World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labor market...

Where Does Canada Get Its Gasoline From?

Canada, a vast country with diverse energy needs, sources its gasoline from various domestic and international suppliers. Understanding where Canada gets its gasoline involves...

OPEC+ Extends Deep Oil Production Cuts into 2025

On Sunday, OPEC+ announced the extension of its significant oil output cuts well into 2025, aiming to stabilize the market amid lukewarm demand growth,...

Oil Prices Steady Ahead of Key US Inflation Data, OPEC+ Meeting

Oil prices maintained stability on Friday, as investors awaited the release of significant U.S. inflation data and the impending meeting of major crude producers...

Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw

Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...

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