SU241129P40000
- 0.56
- -0.04-6.67%
Suncor Energy Newsroom
Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.
The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
Trump's Tariff Bombshell: Could U.S. Gas Prices Skyrocket?
OPEC+ faces a difficult decision: continue to cut production or face a sharp drop in oil prices?
According to forecasts, even if OPEC+ does not increase production next year, there will still be a large surplus in the oil market. If production cuts are maintained, some member countries may easily become discontented.
Goldman Sees 'Significant' Hit to US From Trump's Canada Tariffs
Trump's oil drilling plan leaves OPEC+ in a difficult position.
Trump's aggressive plan to significantly increase usa's oil production poses a "direct threat" to OPEC+'s market share.
Alberta Prepares to Fight Trudeau Cap on Oil and Gas Emissions
Energy Down as Oil Slump Continues -- Energy Roundup
Suncor Energy Says Shortly After 11:00 A.m. On Nov. 26, Sarnia Refinery Experienced Operational Issue In One Of Its Units; In Process Of Restoring Unit To Normal Operating State, Visible Plume, Potential Odor May Have Been Detected Beyond Sarnia...
Israel Agrees to Leganon Ceasefire Deal, Crude Oil Declines
Analysts Expect 2 Billion-Cubic-Foot Withdrawal in U.S. Natural-Gas Inventories
Gazprom Prepares for Halt to Gas Flows Via Ukraine Next Year
Canada's Oil Patch Warns Trump's Tariffs Would Raise US Gasoline Prices
OPEC+ Begins Talks on Delaying Oil Output Restart Again
Oil Price Under Pressure After Strong Weekly Gain – Commerzbank
Trump's Newly Pledged Tariff Could Have Mixed Impact on Energy -- Market Talk
Oil Inches Higher as Traders Assess Ceasefire Progress, Supply Risks -- Market Talk
Midday crude oil analysis: Concerns about crude oil demand, the market is focusing on this important meeting!
Due to the news of a ceasefire between Israel and Palestine, oil prices have fallen, but a weakening dollar may limit the downward pressure brought by the easing of geopolitical tensions.