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Geopolitical Risk Keeps Oil Prices Elevated
Oil prices strengthened as escalating geopolitical risks, from a drone strike on the CPC terminal to rising U.S.–Venezuela tensions, offset bearish supply fundamentals.
Oil demand has defied bearish predictions to keep rising, but supply is set to increase even more, dragging crude prices lower through 2027.
Worries over Ukraine and Russia are helping keep oil prices from falling through the floor.
Crude oil futures rose after OPEC confirmed at its meeting that it will pause production increases in next year's Q1, with ...
Stocktwits on MSN
Why Are Oil Prices Rising Today?
The Caspian Pipeline Consortium (CPC) said on Saturday that a drone boat attack forced it to stop operations at its key Black Sea port terminal, Novorossiysk. ・The CPC handles roughly 1% of the entire ...
Gulf stock markets were subdued in early Tuesday sessions on soft oil prices, while investors awaited U.S. economic data to ...
OilPrice.com on MSN
Oil Prices Rise as OPEC+ Holds Firm on Output Through Q1 2026
Oil prices rose modestly after OPEC+ decided to maintain current production levels through early 2026, easing fears of a ...
Recently, we have noted that U.S. investors are increasingly buying Canadian Oil & Gas companies, even as global oil prices ...
Gasoline prices across the United States have dropped to their lowest levels in more than four years. According to data from ...
The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.
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