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Oil prices slip as Chinese COVID cases reach record highs and lockdowns intensify
Crude fell towards $100 a barrel as rising Chinese COVID cases threatened the demand outlook.
Adam Morgan McCarthy
Oil rises despite strength in the US dollar, while Western leaders prepare sanctions on Russian energy.
Oil rose on Wednesday despite the dollar hitting two-year highs, while the EU banned Russian coal i…
Adam Morgan McCarthy
Oil prices jump as much as 3% as Saudi Arabia raises prices for customers across the globe, report says
Oil prices jumped as much as 3% on Monday as Saudi Arabia raised prices for its customers across th…
Adam Morgan McCarthy
Oil turns lower as positive signs in Russia-Ukraine peace talks ease concerns about supply
Oil prices fell Tuesday as Russia-Ukraine peace talks brought a promise of a military scale-back ne…
Adam Morgan McCarthy
Oil drops over 4% as COVID-19 cases force new lockdowns in China, while Russia and Ukraine talks resume
Oil dropped over 4% as COVID-19 cases rose in China, while supply worries receded as Ukraine said i…
Adam Morgan McCarthy
Oil steadies, but remains below $120 a barrel in volatile trade as EU remains divided on a potential ban on Russia's energy exports
Oil prices pull back slightly while the EU proposed sanctions on Russian energy exports and attacks…
Adam Morgan McCarthy
What were some of the initial controversies and concerns surrounding the ongoing Dubai COP28 climate summit?
World leaders have once again, for the 28th time, congregated to discuss climate change — this time…
Ukraine's drone attacks on energy facilities have taken a bite out of Russia's oil exports, industry insider says
Ukrainian drone attacks on energy infrastructure have likely reduced Russian oil exports by hundred…
Mia Jankowicz
Reliance Jio bags Indian Oil order to provide managed network services at 7,200 sites across the country
Reliance Jio has won an agreement with state-owned Indian Oil Corporation to provide enterprise-gra…
Russia undermines its pledge to OPEC+ as crude oil and fuel exports jump
Despite Moscow's pledges to curb exports, Russia's energy outflows have boomed in recent weeks.
Filip De Mott
OPEC slashed oil production last month as the group kicks off plan to boost sagging prices
OPEC+ scaled back oil output by 490,000 barrels a day last month, Bloomberg reported, with half of …
Yuheng Zhan
Nifty, Sensex fall nearly 1% on spike in crude oil prices; Bajaj Finance slips 3%
Equity benchmark indices, the Sensex and the Nifty fell nearly 1% on Wednesday due to a sharp jump …
Oil is likely to hit $200 a barrel under the disastrous G7 plan to cap Russian prices, an SEB analyst says
The G7's potential plan to cap Russian energy prices "sounds like a recipe for disaster right now,"…
Harry Robertson
Commercial LPG prices hiked by ₹209 across India
In a major setback to LPG consumers, Public sector Oil Marketing Companies (OMCs) have hiked the pr…
ANI
After domestic LPG price reduction, commercial LPG prices cut by ₹158
In a major relief to LPG consumers, Public sector Oil Marketing Companies (OMCs) have made price re…
ANI
Trump is wooing oil and gas tycoons to financially support his 2024 campaign, report says
Donald Trump is reminding oil and gas executives that he weakened key environmental regulations and…
John L. Dorman
Nifty, Sensex continue to fall on weak global trends, soaring crude oil prices
Equity benchmark indices, the Nifty and the Sensex, fell in early trade on Friday due to weak trend…
Argentina oil company YPF spikes 40% as investors cheer president-elect Milei's promises to revamp the economy
Argentine stocks rallied broadly on Monday following the election victory of Javier Milei, who has …
Phil Rosen
Oil titan Sultan Al Jaber backtracks on comments that 'there is no science' around fossil fuels at UN climate summit
Sultan Al Jaber, president of COP28 and CEO of the United Arab Emirates state-owned oil company Adn…
Catherine Boudreau
Oil could hit $200 a barrel even if Ukraine war ends as Russia supply will be 'gone for good,' famed commodities trader Pierre Andurand said
About 4 million barrels per day of Russian oil will been sidelined for the long-term, leaving a hol…