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Oil, Goldman
Oil prices edge higher after weekly loss as Goldman sees supply deficit on summer fuel demand
Oil prices rose Monday after posting a loss last week in the wake of the OPEC+ decision to increase production later this year. Goldman Sachs analysts said Brent should rise to $86 in the third quarter as summer fuel demand results in a "sizeable" deficit.
Oil to rise to $86 per barrel this quarter on 'solid summer demand,' Goldman says
Oil prices are headed higher this summer, according to Goldman Sachs analysts. Demand from China and SPR refills will keep Brent from breaking a $75 floor.
Oil rises on hopes of summer fuel demand
Oil prices rose on Monday, buoyed by hopes of rising fuel demand this summer, though gains were capped by a strengthening of the dollar on receding expectations of imminent cuts to U.S. interest rates.
Oil prices nudge higher on hopes of summer fuel demand
Brent crude futures gained 16 cents to $79.78 a barrel by 0950 GMT, while U.S. West Texas Intermediate crude futures were up six cents at $75.59
1h
Stock Market Today: Dow struggles for direction as investors await Fed meeting, weigh Nvidia stock split
Oil futures headed higher on Monday, with three consecutive weekly declines in prices seen as an overreaction to a decision ...
Crude Oil Prices
3h
Goldman Sachs Sees Oil Prices Rising to $86 This Summer
11 hours How Far Have We Really Gotten With Alternative Energy 7 days For those of you who are full of __it. Tsvetana is a ...
9h
Most Gulf markets rise in early trade on firmer oil prices
Most stock markets in the Gulf were up in early trading on Monday, led by the Qatar index, as hopes of rising fuel demand ...
NBC 6 South Florida
5d
Oil prices rise but hover near four-month low on OPEC+ supply increase later this year
Oil
futures rebounded slightly after a sell-off this week pushed
prices
to four-month lows. The sell-off came after eight ...
Crude Oil Prices
12d
Oil Prices Rise as OPEC+ Meeting Draws Near
Oil prices continued to climb early on Wednesday morning as the OPEC+ meeting draws near, with most observers expecting the ...
1d
Malaysia begins diesel subsidy reforms, prices to rise by about 50% on Monday
Diesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from ...
1d
on MSN
Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion
Shares of Saudi Arabia's Aramco rose on Sunday following a stock sale that's set to raise the state oil company around $11.2 ...
12d
on MSN
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and ...
1d
The Top Country Pegged to USD
We recently prepared a comprehensive report of the 20 Countries Using the US Dollar as Currency (Or Pegged to It). In this ...
Zawya
16h
Mideast Stocks: Most Gulf markets rise in early trade on firmer oil prices
Most stock markets in the Gulf were up in early trading on Monday, led by the Qatar index, as hopes of rising fuel demand ...
in.investing.com on MSN
4d
Oil prices rise as rate cut optimism offsets inventory build, demand fears
Oil prices rose tracking a broader increase in risk-driven markets, as weak U.S. labor data fueled bets that the Federal ...
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United States
Goldman Sachs
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