Bloomberg crude oil news
Here are the latest Bloomberg crude oil news articles:
Latest News
- Oil Prices Rise as OPEC+ Cuts Output, Demand Rebounds: Oil prices climbed on Monday after OPEC+ agreed to cut production and as demand rebounded in the wake of the pandemic. Read more
- U.S. Crude Oil Inventories Fall by 2.5 Million Barrels: U.S. crude oil inventories fell by 2.5 million barrels last week, the Energy Information Administration said. Read more
- Saudi Arabia to Boost Oil Output to Meet Growing Demand: Saudi Arabia plans to increase its oil production to meet growing demand, the country's energy minister said. Read more
Market Analysis
- Oil Prices May Rise to $100 a Barrel as Demand Outstrips Supply: Oil prices may rise to $100 a barrel as demand outstrips supply, according to a Bloomberg Intelligence report. Read more
- OPEC+ Output Cuts to Support Oil Prices, Analysts Say: OPEC+ output cuts will support oil prices, analysts say, as the group aims to balance the market. Read more
Company News
- ExxonMobil to Invest $20 Billion in Low-Carbon Projects: ExxonMobil plans to invest $20 billion in low-carbon projects over the next decade, the company said. Read more
- BP to Invest $1.5 Billion in Renewable Energy Projects: BP plans to invest $1.5 billion in renewable energy projects over the next five years, the company said. Read more
Regulatory News
- U.S. Senate Passes Bill to Boost Domestic Oil Production: The U.S. Senate passed a bill to boost domestic oil production, which could increase the country's oil output. Read more
- EU to Propose New Rules to Reduce Carbon Emissions from Oil Refineries: The European Union is set to propose new rules to reduce carbon emissions from oil refineries, according to a draft document. Read more
Please note that these articles are subject to change and may not be up-to-date. For the latest news and analysis, please visit Bloomberg's website or follow their social media channels.