Oil rises on supply worries, OPEC+ meeting in focus
Oil prices inched higher on Friday, supported by concerns over the war in Ukraine and the risk of…
Trump’s economic plans called for more oil drilling and lower gas prices. He’s only getting the latter.
As President Trump began his second term, he proclaimed in his inauguration speech that America would “drill, baby,…
Stocks rise as oil remains on track for biggest weekly fall since June
Stocks in Asia were higher overnight with the Nikkei (^N225) rising 1.9% on the day in Japan, nearing…
Crude oil prices rise to $64.46 but remain set for largest weekly decline in over 3 months
Oil prices inched higher on Friday after four consecutive sessions of losses, though they remained on course for…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
U.S. crude oil inventories rise by 1.8 million barrels exceeding expectations as production decreases by 308,000 bpd
Crude oil imports fell by 662,000 barrels per day, impacting overall inventory dynamics significantly U.S. crude oil inventories…
Big Oil’s Short-Term Worries Mask Bullish Long Term
TotalEnergies said this week it would cut its capital spending by $1 billion annually over the next four…
Crude oil prices climb to $66.25 as market weighs OPEC+ plans against declining U.S. inventories
Expectations of dwindling U.S. crude inventories helped prices from falling further last week Oil prices steadied in early…
Oil settles lower as OPEC+ plan adds to expectations of supply surplus
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Tuesday as investors braced for a supply surplus…
Oil settles lower as OPEC+ plan adds to expectations of supply surplus
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Tuesday as investors braced for a supply surplus…
Russian Crude Shipments Hit 16-Month High Despite U.S. Sanctions
The U.S. Administration’s pressure on the remaining buyers of Russian crude is not yielding the results desired by…
Crude Oil Futures Rise on Spot Demand: Rediff Moneynews
Crude oil futures gained on Tuesday due to firm spot demand. October delivery traded higher at Rs 5,616…