Goldman Sachs: The expected average price of Brent crude oil product in 2024 is $80 per barrel.
Goldman Sachs stated that despite supply shortages and geopolitical uncertainties in 2024, the average price of Brent crude oil this year is expected to be around $80 per barrel.
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Express News | Exxon Mobil: Two new oil extraction facilities will be added in Bedun and Beaumont, with an investment of over 0.2 billion USD.
Express News | Exxonmobil - $200+ Million Investment Will Add Two New Units in Baytown and Two in Beaumont
Express News | Exxonmobil - Adding New Units in Texas, Increasing Advanced Recycling Capacity to 500 Mln Pounds per Year
Exxon Mobil's Low Carbon Unit Serves as 'Important Long-term Growth Engine,' UBS Says
Express News | Corrected-Buzz-U.S. Stocks on the Move-AMC, Alnylam, Super Micro
BP CEO Expects Positive Permitting Reforms From Trump Presidency -- Market Talk
On the first day in office, a major energy plan is being launched! The Trump team is preparing to promote henry hub natural gas exports and oil drilling.
Trump's energy plan includes approving new liquefied natural gas project export permits, accelerating oil drilling on the US coast and federal lands, and abolishing a series of climate legislation and environmental regulations implemented by former President Biden.
Piper Sandler Maintains Exxon Mobil(XOM.US) With Buy Rating, Maintains Target Price $138
Trump is brewing another major move! It concerns the energy market.
Sources revealed that Trump plans to launch a wide-ranging energy plan within days of taking office to promote natural gas exports and oil drilling.
International oil prices fluctuated slightly, traders are waiting for more dynamics to assess the bullish and bearish momentum.
Oil prices stabilized on Monday, following concerns about supply that were escalated by tensions between Russia and Iran.
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jpmorgan: Even if OPEC+ extends production cuts, the oil market will still face a significant supply surplus.
Analysts from jpmorgan, led by Natasha Kaneva, stated in a report that even if OPEC+ extends production cuts, the global oil market will still see a "huge" surplus of 1.3 million barrels per day next year.
ExxonMobil Schedules Drilling Activity Offshore Cyprus in 2025
Express News | Jpmorgan predicts that the global crude oil supply will have an excess of approximately 1.3 million barrels per day in 2025.