IMO Imperial Oil
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Imperial Oil News
An Intrinsic Calculation For Imperial Oil Limited (TSE:IMO) Suggests It's 50% Undervalued
Oil Prices Moving Higher as Demand Grows
Oil held near its highest this month, amid risk-on sentiment in global markets that has helped push crude up recently. Demand for gasoline is also rising as we move into the summer driving season. Bloomberg's Will Kennedy reports.
Bank of America: Oil Demand on the Rocks
Scotiabank Maintains Imperial Oil(IMO.US) With Buy Rating
Scotiabank analyst Jason Bouvier maintains $Imperial Oil(IMO.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 60.8% and a total average return of 18.8% over the pas
There are signs of tightening supply and increasing prices in the European diesel market.
The European diesel market is showing signs of tightening.
Going against Goldman Sachs! Citigroup is bearish on oil prices, predicting a fall to $74 in the fourth quarter.
Citigroup's latest report paints a bleak picture of the oil market.
Crude oil trade reminder: Middle East tensions push up oil prices, but the Federal Reserve's attack has hit bullish morale.
Oil prices rose and fell on Wednesday, supported by continued tensions in the Middle East. Earlier in the day, oil prices rose nearly 2% to a two-week high, but closed mostly higher as the Federal Reserve's two-day meeting ended with a statement indicating that interest rate may not be lowered until December.
Energy Aspects: It is unlikely that OPEC+ will increase oil production in 2024.
Founder of Energy Aspects, a third-party energy research and advisory institution, Amrita Sen, said that if global demand does not increase, OPEC+ member countries may not need to increase oil production later this year.
New Energy Forecast Points to Cheaper Oil -- and Gasoline -- Barrons.com
There is more oil being produced today than is being used in many parts of the world, which is one reason prices for both crude and gasoline have been weak. Average national gas prices are at $3.45 per gallon, down 17 cents from a month ago and 14 cents from a year ago, according to AAA.
Canada, U.S. Oil Producers to Break Records Through 2030: IEA
Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS
Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a "spectacular year for some commodities" and has been mostly range bound with volatility at about 10 year lows.
IEA警告！石油2030年将面临严重产能过剩，届时OPEC+也“无力回天”
石油闲置产能超过800万桶/天
Oil Inches Lower After Rally as Investors Await U.S. Inflation Data, Fed Meeting
0748 GMT - Oil prices edge lower as investors await key U.S. inflation data and the Federal Reserve's policy meeting outcome for more clarity on the path of rate cuts and how that will affect demand.
USA's oil & gas production is showing a stable trend and is expected to continue the current trend in the future.
Since mid-2022, due to the sharp drop in oil prices, drilling rigs and completion personnel have been idle for a long time. Now, the production of oil & gas in the USA is finally showing signs of stability.
Saudi Energy Minister: Do not agree with Goldman Sachs' bearish view on oil prices! OPEC+ can suspend or reverse oil production increases.
Zhixin Finance APP learned that Saudi Energy Minister Abdulaziz bin Salman said on Thursday that if the market weakens, OPEC+ can pause or reverse oil production growth.
$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Imperial Oil (AMEX:IMO) has outperformed the market over the past 5 years by 6.23% on an annualized basis producing an average annual return of 19.28%. Currently, Imperial Oil has a market capitalizat
A major signal of Russia's production cut? Crude oil exports hit the lowest level since mid-February.
In the past month, Russia's daily crude oil export shipment volume has decreased by approximately 400,000 barrels.
Saudi Arabia plans to start resuming part of international oil supply in October in response to falling international oil prices
Oil prices extended their decline as outsiders worried about the outlook for demand and strong supply.
Good for crude oil! OPEC+ extends production cuts until 2025, and demand is expected as the driving season approaches
OPEC+ agreed on Sunday to extend its official crude oil production reduction agreement until 2025, and extended two additional sets of supply restrictions at various times. With the seasonal start of the summer driving season and the end of refinery maintenance work in some Asian countries, OPEC's attention has turned to balancing supply and demand.
OPEC+ Decision on Production Cuts May Be 'Incremental Negative' for Oil Prices
By Myra P. Saefong and William Watts Producers to begin unwinding a portion of voluntary output cuts in October OPEC+ agreed on Sunday to extend production cuts in an effort to support oil prices in
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