Oil held near the lowest in almost three months after OPEC+ signaled plans to revive halted production, just as the Trump administration threatens...
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Europe is reeling in shock after assault upon assault by President Trump’s team on the economic and political fronts. European leaders need to speed up efforts to take control of their future, with their decisions, as well as the speed with which they implement them, determining to a great extent their energy plans. OPEC expects oil demand to grow by 18 mln b/d to 120 mln b/d by 2050 due to population growth rising from 8.1 bln to 9.7 bln), as well as global GDP more than doubling to $358 trln. At the same time, some 800 mln people are
Oil held near the lowest in almost three months after OPEC+ signaled plans to revive halted production, just as the Trump administration threatens...
SINGAPORE: Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed...
By Giovanni Staunovo, Strategist, UBS Switzerland AG Oil prices have given up all of this year’s gains, with prices now trading at the lowest level...
Oil prices fell to multi-month lows on Tuesday after reports of Opec+ plans to proceed with output increases in April while further price pressure was...
Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major...
Nigeria’s oil production exceeded its OPEC quota of 1.5 million barrels per day (bpd) by 70,000 bpd in February, marking a significant rise in...
OIL prices settled higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq added to concerns of...
Rebuilding from California’s recent wildfires will cost more than a quarter of a trillion dollars — an unprecedented amount. The estimated...
Oil prices settled down for the fourth consecutive session on Wednesday after US crude oil stockpiles posted a larger-than-expected build, adding a...
Oil settled largely unchanged in choppy trade on Thursday, with global benchmark Brent closing below US$70 a barrel under pressure from tariffs...