Trafigura, Gunvor Weigh Trump Wildcard Against Oil Glut in 2025
Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.
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Oil Slips Amid Fed Signals and Trump Tariff Threats
Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.
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EIA Expects USA Energy Consumption to Rise
Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.
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Trump Threatens Tariffs If EU Doesn't Buy More USA Oil and Gas
The U.S. is the world's largest producer of crude oil and the biggest exporter of liquefied natural gas.
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Oil on Track to Average $80 in 2024, JP Morgan Highlights
J.P. Morgan analysts highlighted that Brent crude oil 'is on track to average $80 per barrel in 2024', which they pointed out is $3 below their projections from last June.
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Oil Sector Lobbies Trump to Spare It from Tariffs and Regulation
Proposals are spread across 42 pages of memos to 10 agencies the American Petroleum Institute is presenting to Trump's transition team.
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Oil Settles Below $70 on Stronger Dollar
Oil dropped below $70 as a surging dollar and weaker Chinese demand outlook weighed on prices, with looming oversupply keeping traders cautious.
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USA Natural Gas Is Catching a Bid Today
U.S. natural gas is catching a bid today with two drivers, Art Hogan, Chief Market Strategist at B. Riley Wealth, told Rigzone in an exclusive interview.
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Oil Market Becoming Less Bearish, Macquarie Strategists Say
'If prices don't break below $70 by 2Q25, the bear thesis will need to be revisited', Macquarie strategists said.
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Baltic, Nordic States Intensify Crackdown against Russia's ‘Shadow Fleet'
The UK, Denmark, Sweden, Poland, Finland and Estonia will require 'suspected shadow vessels' to show proof of insurance.