OPEC+ holds November oil production targets steady as supply remains constrained
(Bloomberg) – Major OPEC+ nations agreed to keep oil production quotas unchanged next month, as conflict in the…
Brent Holds Above $102 as Iran Talks Stall Over Hormuz Conditions
Crude oil prices took a dip today amid reports that there was willingness for peace in the Middle…
Oil Prices Rise on Saudi Pipeline Outage and Rising Red Sea Risks
Oil prices continued to rise early on Tuesday, rallying by 1.7% in Asian trade, as the Iran-backed Houthis…
Wall Street dips, oil continues climb ahead of US inflation data
By Marc Jones and Pete Schroeder LONDON/WASHINGTON, Sept 10 (Reuters) – Nervy markets were waiting for key U.S.…
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via…
Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw
Oil prices spiked in early Asian trade on Wednesday, erasing a significant portion of Tuesday’s selloff on the…
Market Open: Shell Q2 Trading Update, Capita Pension Administration
UK market flat ©ADVFN FTSE 100 opens steady as Shell upgrades second-quarter trading outlook, Capita addresses pension concerns…
Oil slips below $72 as U.S.-Iran talks advance
(Bloomberg) — Oil prices declined Tuesday as positive signals from indirect U.S.-Iran talks eased concerns over disruptions to…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
Korea Freezes Oil Price Cap Again, Extends Notice Period to 4 Weeks
Fuel prices are displayed at a gas station in Seoul on the 21st. Yonhap News The South Korean…
Asian shares surge after oil prices slip and Wall Street resumes its AI rally
Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and…
Global Oil Stockpiles Plunge as Iran War Chokes Supply
The West’s international energy watchdog has warned that oil stockpiles were being drained at a record rate last…