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By Sonali Paul and Mohi Narayan (Reuters) -Oil prices rose on Wednesday as signs of slowing inflation in the United States eased fears that the world's largest oil user may face a...
By Ambar Warrick Investing.com -- Oil prices kept to a tight range on Wednesday after retreating in January, with markets now seeking more cues from a Federal Reserve meeting and...
MOSCOW (Reuters) - Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap,...
By Ambar Warrick Investing.com -- Gold and copper prices fell slightly on Wednesday as markets awaited fresh cues on monetary policy from a string of major central bank meetings...
By Shariq Khan BENGALURU (Reuters) -Oil prices closed steady on Tuesday after recovering from a near three-week low, drawing support from a weakening dollar and on data showing...
For the first time in decades, China’s oil and gas demand declined in 2022 as the strict Covid policies curtailed economic growth and mobility. This year, demand is set to rebound...
By Barani Krishnan Investing.com -- The bears in natural gas aren’t throwing in the towel yet as the debate rages on whether the market has bottomed ahead of the arrival of delayed...
After the recent profit-taking on higher oil prices prompted by China’s reopening, traders are once again crowding oil and fuel futures and options. The reasons: China, again, and...
By Barani Krishnan Investing.com -- Crude prices settled mixed on Tuesday as expectations for a U.S. inventory drop and a smaller Federal Reserve rate hike for February faced off...
Europe has just won the first part of its winter war, with warmer-than-expected weather helping the continent to avoid a full-blown energy and gas crisis. The region has just...
Crude oil inventories rose by another 6.33 million barrels last week, the American Petroleum Institute (API) data showed on Tuesday, on top of last week’s 3+ million barrel build....
The Western-invoked price cap on Russian refined products coming into effect on February 5 won’t “severely impact” Russian refiners, WoodMac said on Tuesday. Mark Williams,...
Oil futures climbed on Tuesday, but U.S. benchmark prices posted a loss for the month ahead Federal Reserve monetary policy decision and a committee meeting of the Organization of...
Gold futures ended with a gain on Tuesday and tallied a third consecutive monthly gain. Gold rose for the session “after another round of economic data showed the labor market is...
Via AG Metal Miner As with many base metals, aluminum prices rose at the beginning of January. While it is true that China raising aluminum export taxes could have impacted...
The UK’s oil and gas industry should have taken the chance to invest in new projects instead of fighting the windfall tax, the boss of a North Sea oil and gas producer has said....
The oil company reported record annual earnings of $55.7 billion for 2022 in its quarterly results.
Russian Prime Minister Mikhail Mishustin has signed an agreement demanding that all Russian oil companies comply with a previous order that disallows any exports of Russian crude...
Libya’s Oil Ministry has rejected the huge $8-billion deal that the Italian energy giant signed with the Libyan National Oil Corporation (NOC) this weekend, saying that the...
A look at the day ahead in U.S. and global markets from Mike Dolan There's an uncomfortable feeling in markets this week that good news may be bad news once again - mainly because...
Oil majors are rounding up the 2022 financial year with outstanding profit numbers, a development that faces strong backlash from the Biden Administration. Chart of the Week...
By Ariba Shahid and Mohi Narayan KARACHI (Reuters) - Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating payments for...
ExxonMobil (NYSE: XOM) reported on Tuesday $55.7 billion in earnings for 2022 in a record-breaking earnings tally for any Western oil supermajor ever. Exxon said today it generated...
The upcoming EU ban on fuel imports from Russia, as well as Germany and Poland halting pipeline imports of Russian crude at the start of January, pushed Russian seaborne crude oil...
(Bloomberg) -- European natural gas rebounded as forecasts showed the weather turning cooler than previously estimated next week. Benchmark futures for March jumped as much as...
Gold futures declined for a second day on Tuesday as traders braced for Wednesday's Fed decision along with data on unemployment and wages.
Europe’s benchmark gas prices have rebounded this week as traders closed short positions at the expiry of the front-month contract and some weather forecasts suggested colder...
Oil futures lose ground as investors await this week's Federal Reserve decision on interest rates.
The biggest sovereign wealth fund in the world, Norway’s $1.3-trillion Government Pension Fund Global, slightly lowered its stakes in the world’s top Western oil firms last year,...
By Clara Denina and Helen Reid JOHANNESBURG (Reuters) - High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand...
Norway's sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion kroner ($164 billion) in 2022.
Crude oil prices have found a floor and the only way they can go from here would be higher. That’s according to RBC commodity analysts Helima Croft and Michael Tran, as quoted by...
The International Monetary Fund has added a dose of optimism to oil markets by revising its global economic growth outlook to reflect a lowered risk of a slowdown. In its latest...
By Ambar Warrick Investing.com -- Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over an...
Annual global gold demand last year, excluding OTC trading, reached its highest since 2011, according to a World Gold Council report released Tuesday.