Crude Oil Jul 24 (CLN24.NYM)
| Pre. Settlement | N/A |
| Settlement Date | 2024-06-20 |
| Open | 77.96 |
| Bid | 78.46 |
| Last Price | 78.62 |
| Day's Range | 77.73 - 79.15 |
| Volume | |
| Ask | 78.51 |
- Yahoo Finance Video
Noble will get 'ever pickier' on M&A after Diamond deal: CEO
Oil driller Noble Corp (NE) is set to acquire Diamond Offshore Drilling (DO) in a stock-plus-cash deal valued at $1.6 billion. Noble Corp. CEO and President Robert Eifler sits down with the Market Domination team to talk more about the acquisition and Noble's drilling operations amid recent forecasts on crude oil (CL=F, BZ=F) demand. "We drill for some of the largest companies in the world, and they have a lot of needs. And in order to meet those needs globally, we need to have enough assets so that we can spread our investments, around technology and innovation across a bigger base," Eifler says on the company's push to increase its scale. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Catch more of Yahoo Finance's coverage surrounding oil prices and the broader energy sector: The big reason why there will be more energy sector deals Energy transition is caught in a 'trilemma,' expert explains IEA warns of 8M barrel per day oil surplus by 2030 Oil may reach $86 per barrel this summer: Goldman Sachs Oil prices rebound despite 'shaky' demand outlook
- Yahoo Finance Video
Oil prices could sink below to $60 in 2025: Citibank
Citibank is turning bearish on crude oil (CL=F, BZ=F) in its latest price forecast predicting Brent crude oil prices will drop down to $60 per barrel in 2025. Yahoo Finance's Morning Brief team reviews Citibank's call, which cites supply surpluses and the transition into renewable energies. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch more of Yahoo Finance's coverage surrounding oil prices and the broader energy sector: Energy transition is caught in a 'trilemma,' expert explains IEA warns of 8M barrel per day oil surplus by 2030 Gas prices decline, helping cool inflation in May Oil may reach $86 per barrel this summer: Goldman Sachs 3 areas where inflation is hitting hardest: May CPI Oil prices rebound despite 'shaky' demand outlook The big reason why there will be more energy sector deals
Yahoo Finance CanadaCanada, U.S. oil producers to break records through 2030: IEA
The agency's latest annual oil forecast calls for global oil demand to peak by 2029, and begin to shrink the following year.
