Oil Glut Will Prompt Faster Market Rebalance
Everyone seems to be in agreement: global oil supply is greater than the demand for the fuel. The…
Oil slips below $60 on Ukraine hopes, stocks retreat ahead US data
Oil prices slipped below the $60 level on Tuesday on renewed hopes for an end to the Russia-Ukraine…
Oil edges up on US crude inventory draw
Oil prices edged up on Wednesday morning after three straight days of declines, with market sources citing a…
Oil rises more than 1% on supply risk, US-China trade talks
Oil prices pushed higher for a second day on Wednesday, by more than 1%, buoyed by sanctions-related supply…
Oil prices slide on US-China trade tensions, ETAuto
US and European pressure on Asian buyers of Russian energy could restrict Indias oil imports from December, leading…
Oil falls as US-China trade tensions rattle nerves
SINGAPORE (Reuters) -Oil prices reversed early gains and fell on Tuesday amid uncertainty about trade tensions between the…
Imperial Oil job cuts come amid wider tech-enabled efficiency push in energy industry
Imperial Oil’s plans to cut 20 per cent of its workforce by the end of 2027 comes as…
Oil slumps to 16-week low on U.S. shutdown and possible OPEC+ plans
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid for a third day in a row to a…
Crude oil prices rise to $67.33 as Fed’s rate cut expectations shape market sentiment
Investors assess the impact of drone strikes on Russian refineries and export terminals affecting shipments Oil prices remained…
Oil Prices Set for Weekly Dip on Soft Demand Expectations
Crude oil prices were on course to end the week with a decline, as the latest prediction of…
OPEC+ Latest Hike Casts Shadow over Glut Narrative
Last Sunday, OPEC+ agreed to add 137,000 bpd to its collective oil output. This was the seventh monthly…
Oil Prices Hold Steady After U.S. Sanctions on Iranian Crude Scheme
Crude oil prices stabilized today after inching up on Tuesday following the news of new U.S. sanctions on…