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Diverging Forecasts for 2024 Oil Demand Growth by IEA and OPEC Indicate Widening Gap

The Gap Widens Between Oil Forecasts as IEA Predicts Slower Demand Growth A new report from the International Energy Agency (IEA) and OPEC reveals a...

US imposes sanctions on two ship owners for transporting Russian oil above price limit.

The Biden Administration Imposes Sanctions on Tanker Owners for Carrying Russian Oil Above Price Cap Introduction The Biden administration has taken action against two owners of...

Kansas farmers frustrated by low wheat prices limit US winter wheat acreage, according to Reuters.

Low Winter Wheat Prices Concern US Farmers US Farmers Face Challenges in Winter Wheat Planting U.S. farmers are facing significant challenges as they plant winter wheat...

Orlen gains control of Yamal pipeline, replaces Gazprom, in a significant industry development.

Poland's Orlen Acquires Gazprom's Stake in Yamal Pipeline Poland's Energy Company Orlen Takes Control of Yamal Pipeline In a significant strategic move, Poland's state energy company...

California’s climate disclosure rules create lawsuit concerns for companies, says Reuters.

California's New Emissions Laws: Implications for Companies California's Climate Disclosure Rules Raise Legal Challenges for Companies California's recently enacted emissions laws are set to increase the...

US oil stocks rise, causing oil prices to drop, easing worries about oil supply.

Oil Prices Extend Losses as US Stockbuild Eases Supply Concerns Oil Prices Decline for Third Session Oil prices continued their downward trend for a third consecutive...

Gold prices surge to two-week high as US Treasury yields decline and Fed hints at dovish stance.

Gold Prices Reach Two-Week High Amid Falling US Treasury Yields and Dovish Fed Signals Gold Prices Surge Driven by Declining US Treasury Yields and Dovish...

US natural gas production and consumption projected to reach all-time highs in 2023, says EIA report.

US Natural Gas Production and Demand Set to Reach Record Highs in 2023 Record Highs Predicted for US Natural Gas Production and Demand The US Energy...

Gold surges to 2-week peak near $1,900 as dollar weakens; poised for further gains.

Gold Rises as Dollar Weakens: Safe Haven Status Reaffirmed Oil Prices Lack Risk Premium, But Gold Shines Oil prices may not be benefiting from the latest...

US crude inventories surge by 13 million barrels, while gasoline stocks climb 3.9 million barrels.

US Crude Stocks Surge, Gasoline Inventories Rise - API Report US Crude Stocks Hit Record High Last week, US crude stocks possibly rose by nearly 13...

Expected decrease in US home heating bills this winter, says EIA report.

US Home Heating Bills Expected to Remain Stable or Decrease this Winter A Positive Outlook for Winter Heating Costs According to the US Energy Information Administration...

Crude oil drops by over 3% in 48 hours as Saudi Arabia guarantees ample supply, eliminating price concerns.

Saudi Arabia Assures Full Oil Shipments, Balancing Market Saudi Arabia Maintains Oil Shipments to North Asian Customers Saudi Arabia is taking steps to stabilize the oil...