Oil came off near term highs overnight as speculation that the potential drop in supply from further Russian sanctions could see the release of up to 1.2m b/d of supply from OPEC+. As markets adjust ...
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
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At the time of writing, the price of West Texas Intermediate crude oil on the New York Mercantile Exchange was at $77.18 per ...
After two years of over-reliance on software algorithms, 2025 could be the year fundamentals-based trading reestablishes itself.
Supply risks from Russia sanctions, OPEC cuts, and China’s demand optimism fuel a bullish crude oil outlook. Discover what’s ...
The energy sector underperformed the S&P500, but a few gems managed to stand out from the crowd. Of the 22 stocks listed ...
In August, Kazakhstan announced a target of producing 97.2 million metric tons of oil in 2025. This goal remains unchanged even after OPEC+ decided to delay its planned output revival from January to ...
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...