Market Dynamics

Price Fluctuations OPEC Relations Supply and Demand Price Trends Chevron Regulatory Environment Export Challenges

Oil Prices Close 2024 Lower for Second Year as Market Faces Weak Demand and Oversupply

Global oil markets grapple with declining Chinese demand, rising non-OPEC production, and OPEC+ output strategies as prices stabilize near $70 per barrel.

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7mo ago

FTC Approves Chevron-Hess Merger, Bars John Hess from Board