Oil price tipped to recover in second half as supply tightens
Sharp falls in crude and Brent this week are expected to reverse later this year, as production cuts force prices higher, according to ANZ.
Source: afr.com
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Which Energy Stock Should You Invest In: Marathon Oil (MRO) or Cheniere Energy (LNG)
After a stellar performance in 2022, the energy sector is expected to maintain its growth momentum this year. Strong energy demand worldwide and massive oil production cuts could significantly lift...
Source: entrepreneur.com
Analysts Foresee Oil Prices Hitting $100 A Barrel Before End Of 2023
Oil industry analysts have predicted that Brent prices could hit $100 by the end of this year as the new 1 million barrels a day bpd production cut Saudi
Source: leadership.ng
Brent may rise toward US$100 per barrel
SINGAPORE: A global shortfall in crude oil supply is set to deepen in the third quarter, as the world’s top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards US$100 (RM457) a barrel by the end of the year, analysts say.
Source: thestar.com.my
Australian shares drop ahead of RBA rate-hike decision
The local share market is moving lower, giving back most of Monday's gains, following softer economic data in the US and ahead of the Reserve Bank's latest decision ...
Source: seymourtelegraph.com.au