US Plans to Buy 12 Million Barrels of Oil for Reserve This Year
The US plans to purchase about 12 million barrels of oil this year as it begins to refill
2023-06-14 03:50
Heat Scorches Europe as Southern Spain Temperature to Reach 45C This Month
Heat will persist across northern and western Europe in the coming weeks, with extreme temperatures on the Iberian
2023-06-13 16:20
Cyclone Shuts Key Oil And Container Ports as Storm Nears India
Major oil and container ports have shut in India as a severe cyclone tracks toward the nation’s west
2023-06-13 13:57
Shell’s New CEO Goes to New York to Show Oil Investors the Money
Shell Plc’s new Chief Executive Officer Wael Sawan is adamant that the oil giant is undervalued compared to
2023-06-13 13:30
Oil Holds Near Three-Month Low as Demand Concerns Reverberate
Oil held near the lowest level in almost three months on persistent concerns over the demand outlook in
2023-06-13 08:53
Canada Wildfires Increase in Threat to Air Quality, Energy
The number of wildfires burning in Canada’s top energy-producing province of Alberta is on the rise again, hurting
2023-06-13 06:22
Oil Holds Losses Amid Demand Woes as Goldman Cuts Outlook Again
Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
2023-06-12 07:19
Shell Reviews Its Chemical Business as Performance Lags: WSJ
Shell is performing a review of its chemicals business that it hasn’t detailed publicly, The Wall Street Journal
2023-06-11 21:27
Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia
Oil traders are starting to ignore the most important person in the market. It could prove a risky
2023-06-11 20:26
Hedge Funds Pile Into Bullish Oil Wagers Amid Saudi’s Surprise Oil Cut
Hedge funds boosted bullish bets on Brent crude to a six-week high amid Saudi Arabia’s surprise move to
2023-06-10 03:23
US, Iran Deny Reports a Nuclear Deal is Close: Iran Snapshot
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments US
2023-06-09 17:57
COP28 Chief Al Jaber Says Fossil Fuel Decline Inevitable
Sultan Al Jaber, the United Arab Emirates official tapped to lead United Nations climate change talks, said “the
2023-06-09 16:16