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Crude oil prices were relatively quiet last year. Brent oil, the global benchmark price, slipped 3%, closing the year at around $77 a barrel. Meanwhile, WTI, the U.S. oil price benchmark, ended ...
The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan’s outlook.
The oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The ...
The second full week of 2025 was the fourth week that the price of oil increased, with Brent finishing up 1.3 percent at $80.79 and WTI up 1.7 percent to $77.88. Sanctions on Russia were the most important factor. The Gaza ceasefire made further Houthi attacks on shipping less likely.
Tidewater Oil Company (rendered as Tide Water Oil Company from 1887 to 1936) was a major petroleum refining company during the early 20th century. After operating independently from 1887 to 1926, Tidewater was sold to a holding company. Over the decades, it passed through various corporate hands.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
It raised its dividend by 34% and is ramping up its annual share repurchase rate from $5 billion to $7 billion. ... That's because crude oil prices continued to fall in the fourth quarter of 2024 ...
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries. The company was founded in 1956 by a group of investors led by the Laborde family.