Oil
No oil and gas majors aligned with climate targets: report
ALL major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 deg C, a new report said on Wednesday. The assessment of the 25...
Oil rises to multi-month highs on Russian supply concerns
OIL prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine’s recent attacks on Russian refineries would affect global petroleum supplies. US West...
Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports
OIL prices climbed about 2 per cent to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth...
Oil: Prices dip, but set for weekly gain of over 3%
OIL prices dipped on Friday (Mar 15), a day after topping US$85 a barrel for the first time since November, but prices were expected to finish more than 3...
Oil prices climb as revised IEA outlook signals tighter market
OIL prices rose on Thursday to settle at four-month highs as the International Energy Agency predicted a tighter market in 2024 and raised its view on oil demand growth this year....
IEA sees subdued oil demand growth as economic headwinds remain
THE International Energy Agency sees oil demand growth this year at 1.3 million barrels per day (bpd), down a full million bpd from 2023, but up by 110,000 bpd...
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
OIL prices rose about 3 per cent to a four-month high on Wednesday on a surprise withdrawal in US crude inventories, a bigger-than-expected drop in US petrol stocks and potential...
Oil prices settle slightly down after US boosts crude output forecast
OIL prices dipped on Tuesday (Mar 12), settling slightly lower after a higher-than-expected forecast for United States crude oil production and bearish economic data, but persistent geopolitical tensions limited...
