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2. 2020–2022 world oil market chronology - Wikipedia

   en.wikipedia.org/wiki/2020–2022_world_oil...

   The price of gas was $3.03, the highest for Memorial Day since 2014. [49] Although countries increased oil production in May, demand forecasts were high and on June 8 WTI closed above $70, with Brent at $72.22, the highest since May 2019. [50] On June 25 WTI ended the week at $74.05, up 3.9 percent for the week, the fifth week in a row with an ...

3. Oil tanks more than 3% to lowest level since 2021 on weak demand

   www.aol.com/finance/oil-tanks-3-lowest-level...

   Oil resumed its downward trend on Tuesday, tanking more than 3% after oil alliance OPEC lowered its demand growth forecast in 2024 and 2025. On Tuesday, West Texas Intermediate slid roughly 4% to ...

4. Oil price forecasts rise on Wall Street as OPEC cuts signal ...

   www.aol.com/finance/oil-price-forecasts-rise...

   Loaded 0%. Wall Street is raising its forecasts on oil prices following a surprise OPEC+ announcement to cut production. The output reduction by some of the world's largest exporters, described by ...

5. Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

   Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

6. Predicting the timing of peak oil - Wikipedia

   en.wikipedia.org/wiki/Predicting_the_timing_of...

   The authors noted that 'forecasts that delay a peak in conventional oil production until after 2030 are at best optimistic and at worst implausible' and warn of the risk that 'rising oil prices will encourage the rapid development of carbon-intensive alternatives that will make it difficult or impossible to prevent dangerous climate change [45 ...

7. International Energy Agency - Wikipedia

   en.wikipedia.org/wiki/International_Energy_Agency

   Oil Market Report. First published in 1983, the monthly Oil Market Report analyses the global oil market, providing data and forecasts aimed for an audience of industry, financial, and government officials as well as an academic and NGO audience. Country specific analysis on trade and production tracks both OECD and non-OECD states. [59]

8. World oil market chronology from 2003 - Wikipedia

   en.wikipedia.org/wiki/World_oil_market...

   Oil prices for Brent in US$ (blue) and Euro (red) From the mid-1980s to September 2003, the inflation adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $60. A series of events led the price to exceed $60 by August 11, 2005, leading to a record-speed hike that ...

9. The Fed seems ready to cut interest rates. What does it mean ...

   www.aol.com/fed-seems-ready-cut-interest...

   A cut would reverse a trend of higher rates that began in early 2022. ... Its aim was to slow the price increases, which hit a 40 year annual high of 9.1% that summer. ... Declining oil prices and ...