Oil
Electric trucks are the latest threat to oil demand in China
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.Government incentives are boosting...
Oil advances as Opec+ supply boost vies with geopolitical risk
Published Mon, Jun 2, 2025 · 08:02 AM[SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and its allies (Opec+) vied...
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply. The producer alliance announced it will raise output by 411,000 barrels...
Oil finishes down on possible OPEC+ output hike
[HOUSTON] US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous forecasts.Brent crude futures settled...
Oil Prices Climb as U.S. Court Blocks Tariffs, Supply Disruptions and OPEC+ Production Talks Raise Market Expectations
Oil prices rose on Thursday after a U.S. trade court denied most of the tariffs the Trump administration had put in place. The move allayed fears over the global economy and...
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Aramco CEO will keep borrowing even as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Oil Prices Dip Amid OPEC+ Output Talks and Lingering US-Iran Nuclear Tensions
Oil prices fell on Tuesday in anticipation of an important meeting of the OPEC+ alliance, where a decision on increasing oil output is expected. Brent crude fell 31 cents to $64.42...
