Oil

Oil rises over 1% after US data weighs on dollar
Oil rises over 1% after US data weighs on dollar
OIL prices rose over 1 per cent on Thursday (Feb 15) after United States retail data prompted a sell-off in the US dollar, though investors eyed an International Energy...
Texas Oil Tycoon Autry Stephens, 85, Sells Company to Retire | Entrepreneur
This article originally appeared on Business Insider.An 85-year-old oil tycoon is cashing out — but he appeared solemn in an interview about selling his business.Autry Stephens sold his company,...
Oil falls by more than US a barrel on US crude build, security threat worries
Oil falls by more than US$1 a barrel on US crude build, security threat worries
OIL futures sank by US$1 a barrel on Wednesday (Feb 14) as surging United States crude inventories pushed down prices and a possible security threat to the US that...
Oil up on geopolitical tension, gains capped by fading Federal Reserve rate-cut hopes
Oil up on geopolitical tension, gains capped by fading Federal Reserve rate-cut hopes
OIL prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the US Federal...
Diamondback to buy Endeavor for US Billion in oil megadeal
Diamondback to buy Endeavor for US$26 Billion in oil megadeal
DIAMONDBACK Energy reached an agreement to buy fellow Texas oil-and-gas producer Endeavor Energy through a US$26 billion deal that will create the largest pure-play operator in the prolific Permian...
Oil falls after weekly gain as Iran signals Gaza talks progress
Oil falls after weekly gain as Iran signals Gaza talks progress
OIL declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with many Asia markets...
Another shakedown for oil?
Another shakedown for oil?
OIL quickly reversed its gain after China’s ailing consumption, a delay in US Federal Reserve interest rate cuts and many other factors cut off whatever little was left of...
Barclays bank to stop financing new oil, gas projects
Barclays bank to stop financing new oil, gas projects
BRITISH bank Barclays said on Friday (Feb 9) it would stop directly financing its energy clients’ new oil and gas projects, but still ran into fierce criticism from campaigners...
Oil settles up, notches weekly gain on tight supply, Middle East conflict
Oil settles up, notches weekly gain on tight supply, Middle East conflict
OIL prices settled higher on Friday (Feb 9), up about 6 per cent on a week-on-week basis, as worries about supply from the Middle East mounted and as reining...
Oil up 3% on Gaza ceasefire rejection and US fuel stocks data
Oil up 3% on Gaza ceasefire rejection and US fuel stocks data
OIL prices gained more than 3 per cent on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures...