Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s ...
Tag: Oil
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision ...
Oil gains weighed down by US demand worries
Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western ...
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed ...
Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms
AN EXPECTED move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s ...
Opec+ set to raise oil output further from October: sources
Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of ...
Opec+ agrees further oil output boost from October to regain market share
Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, ...
China joins big oil in opposition to Trump’s biofuel proposal
US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel ...
Oil prices settle down more than 2% after weak US jobs report
Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while ...
US prepares to allow limited oil operations in Venezuela, starting with Chevron, sources say
The United States is preparing to grant new authorisations to key partners of Venezuela’s state-run PDVSA, starting with Chevron, to allow ...
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