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SINGAPORE (Reuters) - Oil prices edged down early on Tuesday after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the...
Investing.com-- Oil prices hovered near a 4-½ month high in Asian trade on Tuesday as softer exports from Iraq and Saudi Arabia furthered the notion of tighter markets this year,...
By Arathy Somasekhar HOUSTON (Reuters) -U.S. crude oil stockpiles in the Strategic Petroleum Reserve (SPR) at year-end will be at or exceeding the level prior to a massive 180...
By Arathy Somasekhar HOUSTON (Reuters) -Top oil executives and ministers descend on Houston this week for one of the world's biggest energy conferences emboldened by blockbuster...
MEXICO CITY (Reuters) - Mexican presidential candidate Claudia Sheinbaum on Monday vowed to keep boosting the activity of the country's state-owned energy companies if she wins...
Investing.com-- Gold prices regained some ground Monday, but sentiment on the yellow metal soured by growing expectations that the Federal Reserve may lean less dovish on monetary...
Investing.com-- Oil prices settled higher Monday as a pledge from Iraq to cut crude exports just as defacto OPEC leader Saudi Arabia saw oil exports slip for second-straight month,...
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and...
Europe’s major oil companies have started to scale back interim emission reduction targets, acknowledging that their priorities now lie with returning more cash to shareholders....
(Reuters) - Morgan Stanley (NYSE:MS) raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on...
Via Metal Miner By mid-March, copper prices hit their highest level since April 2023. Prices previously found a bottom in early February before strong upside momentum saw them...
Many tech analysts have accused the oil industry of being too slow to adopt new technology. Yet the industry is itself the source of much technological progress in its narrow,...
CNOOC Limited has made a major oilfield discovery in the Bohai Sea offshore China, with more than 100 million tons of oil equivalent of in-place volume proved, the Chinese...
By Rod Nickel and Nia Williams (Reuters) - Drought in the western Canadian province of Alberta is stretching into its fourth year and farmers and oil companies are planning for...
A look at the day ahead in U.S. and global markets from Mike Dolan A rare positive surprise from Chinese industry and retail has unnerved interest rate and energy markets some...
In mid-December, I wrote here that the U.S. had set a new annual oil production record: “The U.S. set a new annual oil production record on December 15, based on data from the...
China is expected to import record-high oil volumes from Russia in March as the world’s top crude importer is mopping up cargoes shunned by India, Bloomberg reported on Monday,...
Oil futures begin the week with gains.
Crude oil prices held on to their gains from last week, moving higher still in mid-morning trade in Asia today amid continued concern about supply. Last week, an IEA report fueled...
Iran has signed new contracts for the development of oil fields worth $13 billion, planning to add 350,000 bpd to daily production. The deals are the biggest in the energy space...
Russian President Vladimir Putin early on Monday declared victory in this weekend’s elections after running virtually unopposed, paving the way for him to serve six more years in...
Record-high gold prices are driving big deals and investments in new mines. What they’re not doing is making companies scramble to lock in prices as protection against the market...
For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over the past few...
International oil and gas majors and the Middle East’s national oil companies are expected to give the green light this year to up to 30 projects, worth a total investment of $125...
By Erwin Seba HOUSTON (Reuters) -Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices were expected to finish more than 3%...
The Brent crude oil benchmark is set to exceed $80 per barrel by the end of this year, according to a new Bloomberg Intelligence oil price survey. The survey showed that the...
Investing.com-- Oil prices retreated Friday, falling from four-month highs on profit-taking and pressure from the dollar as hotter-than-expected U.S. inflation data pushed up fears...
The total number of active drilling rigs for oil and gas in the United States rose by 6 this week, according to new data that Baker Hughes published on Friday, bringing the total...
Ukrainian drone attacks on Russian oil refineries have knocked down as much as 370,500 barrels per day (bpd) of Russia’s refining capacity so far into the first quarter of the...
A look at the day ahead in U.S. and global markets from Mike Dolan With next week's Federal Reserve meeting up close and personal - once a hot favourite date for a first rate cut...
Ukrainian drones attacked early on Friday a small privately-owned refinery 40 miles from Moscow’s outskirts, a source at the Ukrainian intelligence services told Reuters. The...
It appears that bullish sentiment has finally broken out in oil markets, helped along by geopolitical uncertainty and an increasingly optimistic demand outlook.Friday, March 15th...
OPEC+ has found itself in the unfortunate position of once again battling against non-OPEC producers to keep the market balanced. In its latest forecast, the EIA sees the non-OPEC+...
Oil futures pull back, but remain on pace for strong weekly gains after breakout to four-month highs.