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HOUSTON (Reuters) -Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its forecast for supply. Declines were limited by new U.S ...
On average, companies need the price of US crude to be at least $64 per barrel in order to profitably drill a new well and $39 for existing ones, according to the Dallas Federal Reserve survey.
Crude oil markets continue to move to the upside on the idea of increased demand, as OPEC recently suggested that demand is going to pick up through the rest of the year.
The crude oil markets have rallied again during the course of the trading session on Monday, as energy markets continue to attract a lot of attention. That being said, energy has been the place to ...
The crude oil markets rallied again during the day on Friday, as we continue to see traders bet on the demand rising as the vaccine opens up the economy. Crude Oil Price Forecast – Crude Oil ...
Crude oil markets recovered during the day on Wednesday, bouncing back towards the 200 day EMA yet again. As the markets recover, it looks as if more of the same is ahead. Crude Oil Price Forecast ...