OPEC and IEA have a confrontation: "IEA's comments are very dangerous".
The Secretary-General of OPEC stated that all previous peak oil demand forecasts have been proven wrong.
MRC Global Picked as Exxon's Primary Supplier of Pipe, Valves in North America
Most Shorted S&P 500 Materials Stocks at May End
One major key factor remains weak! Can OPEC+ increase production this year?
OPEC+ claims it will take action based on market conditions, but the current situation doesn't support a production increase.
Exxon Mobil Options Trading: A Deep Dive Into Market Sentiment
Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:XOM) revealed 19 unusual trades.Delving into the details, we found 63% of tr
Trans Mountain Crude Quality Issues May Hurt Flows to U.S. Refiners - Reuters
Freeport-McMoRan Plans Production Ramp-Up: 'It's Just A Matter Of Time' New CEO Says
Freeport-McMoRan (NYSE:FCX) has appointed Kathleen Quirk as its new CEO, marking a significant leadership change as the company gears up to increase copper production to meet growing global demand.Qui
Jim Cramer Likes This Energy Stock With 4% Yield, Recommends Buying DraftKings
On CNBC's "Mad Money Lightning Round," Jim Cramer said DraftKings Inc. (NASDAQ:DKNG) is a buy. "It's come down all the way, I'm not worried about Illinois. I think it's in good shape," he added.The co
IEA continues to be bearish: the oil market will be severely oversupplied in the next decade!
IEA predicts that with people gradually abandoning the use of fossil fuels, the global oil market will face a "serious surplus" in this decade, provided that the supply is sufficient.
Bearish alert? IEA: Global crude oil demand is about to peak and oversupply is coming.
The International Energy Agency's (IEA) monthly report on the crude oil market on Wednesday, June 12 indicated that global oil production will surge by 2030, exceeding demand growth. The agency warned that this would push idle capacity to unprecedented levels. IEA Director Birol suggested that the world's largest energy giants adjust their business strategies to adapt to the changes taking place.
IEA's latest monthly report: predicts a decrease of 100,000 barrels/day in the projected growth of oil demand in 2024.
The latest report from the International Energy Agency (IEA) predicts that global demand for oil will peak in 2029 and begin to decline in the following years....
Deutsche Bank Maintains Buy on Corteva, Maintains $65 Price Target
Deutsche Bank analyst David Begleiter maintains Corteva (NYSE:CTVA) with a Buy and maintains $65 price target.
Corteva Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/12/2024 26.46% Deutsche Bank $65 → $65 Maintains Buy 06/07/2024 — OTR Global Downgrades Mixed → Negati
Is copper supply a global problem? Global copper mining giants are betting on "processing waste stones" with a target of 800 million pounds per year.
① Global copper mining giant Freeport-McMoRan is actively pushing to increase the supply of copper; ② The company is committed to extracting the value of a large copper mine from a large inventory of waste ore; ③ The CEO of the company said that in the next three to five years, the company hopes to produce 800 million pounds of copper per year through this processing technology.
Bullish news for the oil market! EIA raises global demand expectations, expects crude oil inventories to decline in Q1 next year.
On Tuesday EST, the US Energy Information Administration (EIA) added fuel to the bullish sentiment in the market; EIA has further raised its expectations for global oil demand and expects record global oil demand this year.
Plant-based Food Is Found to Only Be Healthier If It Is Not Ultraprocessed
Freeport-McMoRan Options Trading: A Deep Dive Into Market Sentiment
Financial giants have made a conspicuous bullish move on Freeport-McMoRan. Our analysis of options history for Freeport-McMoRan (NYSE:FCX) revealed 12 unusual trades.Delving into the details, we found
Chevron Suspends Wheatstone LNG to Make Repairs Said to Be Unplanned
Freeport-McMoRan Shares Are Trading Lower Amid a Drop in Copper Prices.
Freeport-McMoRan Shares Are Trading Lower Amid a Drop in Copper Prices.
OPEC Monthly Report: Maintains unchanged expectations for oil demand, global economy is expected to further improve.
The monthly report released by OPEC on Tuesday shows that despite lower-than-expected consumption in the first quarter, the organization still maintains its unchanged forecast for relatively strong global oil demand growth in 2024 and 2025. After the release of the report, international oil prices remained stable.