CATEGORY

Crude Oil

News - Crude Oil

10/18/2024

Why Crude Oil Remains Key to Global Energy Security

Oil fueled the 20th century, powering everything from cars and planes to the economy. As instability grips our energy markets, calls are growing to accelerate the shift to a new energy order. Yet, few can clearly outline how this transition will be achieved.

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Renovo Team

3 Min

11/14/2023

October 2023 Crude Oil Update: Demand Declines, Stockpile Shifts, and Geopolitical Impacts

These events in October 2023 depict a complex and evolving crude oil market

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Renovo Team

5 Min

11/14/2023

September 2023 Oil Market Review: Rising Demand, Tightening Supplies, and Surging Prices

In September 2023, the crude oil market witnessed several pivotal developments

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Renovo Team

6 Min

11/14/2023

Global Price Shifts, OPEC+ Decisions, and Evolving Demand Patterns

In August 2023, the crude oil market was characterized by a series of significant developments that influenced global prices and supply dynamics

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Renovo Team

4 Min

7/13/2023

July 2023 Unveils Unpredictable Market Dynamics

The crude oil market in July 2023 continues to witness a complex interplay of factors, ranging from geopolitical tensions to shifting demand dynamics.

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Renovo Team

5 Min

6/29/2023

Crude Oil Market Adapts to Evolving Energy Landscape: Latest Updates and Trends

The crude oil market is undergoing significant transformations as it adapts to the evolving global energy landscape.

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Renovo Team

6 Minutes

6/29/2023

Oil Settles 1% Higher on Tightening Supplies in March 2023

In March 2023, the global crude oil market experienced a notable increase as oil prices settled 1% higher. This upward movement was primarily driven by tightening supplies,

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Renovo Team

6 Minutes

6/29/2023

Crude Oil Prices Experience Volatility in January 2023 Amid Global Economic Concerns

January 2023 brought a period of volatility for the global crude oil market as concerns over the state of the global economy influenced market dynamics.

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Renovo Team

4 Minutes

6/29/2023

Crude Oil Market Rebounds in November 2022 as Global Economy Strengthens

November 2022 brought a renewed sense of optimism for the global crude oil market as it rebounded from recent challenges and experienced a resurgence in prices.

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Renovo Team

5 Minutes

6/29/2023

Crude Oil Prices Soar to Record Highs in June 2022 Amid Supply Constraints and Geopolitical Tensions

June 2022 witnessed a historic surge in crude oil prices, as a combination of supply constraints and geopolitical tensions pushed prices to record highs.

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Renovo Team

5 Minutes

6/29/2023

Crude Oil Market Faces Supply Chain Disruptions and Winter Demand Surge in December 2021

December 2021 proved to be a challenging month for the global crude oil market, marked by a confluence of events that impacted both the supply and demand

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Renovo Team

6 Minutes

6/29/2023

Crude Oil Prices Volatile in August 2021 as Delta Variant Threatens Demand Recovery

August 2021 proved to be a month of volatility for the global crude oil market, as concerns over the rapidly spreading Delta variant of COVID-19

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Renovo Team

5 Minutes

6/29/2023

Crude Oil Prices Surge in March 2021 as Economic Recovery Gains Momentum

March 2021 witnessed a significant surge in crude oil prices, marking a turning point for the global energy markets.

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Renovo Team

6 Minutes

6/29/2023

Crude Oil Market Rebounds in June 2020 Amidst OPEC+ Production Cuts

June 2020 witnessed a remarkable turnaround in the global crude oil market, as oil prices began to rebound from the depths of the downturn

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Renovo Team

4 Minutes

6/29/2023

Global Crude Oil Market Faces Turmoil in February 2020

The global crude oil market experienced a significant upheaval in February 2020, sending shockwaves across the energy sector

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Renovo Team

5 Minutes

11/23/2019

OPEC keeps world oil demand growth unchanged for 2023

According to OPEC's most recent monthly oil market report published Tuesday

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Renovo Team

13 Minutes