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Oil posts weekly gain on hopes of firmer demand
CNBC· 5 days agoOil booked its first weekly gain in three weeks, as economic indicators from big consumers China and the United States bolstered hopes for higher demand....
Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
Reuters· 6 days agoOil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market...
Oil Posts Weekly Gain Settling Above $80
Rigzone· 4 days agoOil notched a weekly gain while futures stayed in a narrow range, with the outlook for supply and inflation in focus. Lower US crude stockpiles and a sign that inflation could be ebbing have ...
Preserving U.S. influence in Middle East goes through Saudi Arabia
The Washington Times· 1 day agoRelations between the United States and Saudi Arabia remain on a solid footing, a credit to the two...
Oil gains 1% on hopes of firmer demand
Reuters· 4 days agoBrent settled 71 cents higher, or 0.9%, at $83.98 a barrel. U.S. West Texas Intermediate crude (WTI) gained 83 cents, or 1.1%, to $80.06. For the week,...
Iran President’s Death Unlikely To Alter Middle East’s Geopolitical And Energy Landscape
Forbes· 2 days agoFollowing confirmation on Monday (May 20, 2024) of the death of Iran's President Ebrahim Raisi and...
Oil dips as U.S. Fed dampens mood on interest rate cuts
StreetInsider· 1 day agoLONDON (Reuters) -Oil prices fell on Monday after a U.S. Federal Reserve official suggested inflation data in the world's biggest oil consumer was not sufficiently convincing to lower borrowing ...
Exclusive: US to favor existing investors for Venezuela oil licenses, say sources
Reuters· 5 days agoThe U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies...
IEA scales down growth forecast for global oil demand in 2024
Investing.com· 7 days agoNew Delhi, May 15 (IANS) The International Energy Agency (IEA) has scaled down its forecast for the...
Earth to Big Oil: China and the U.S. Inhabit the Same Warming Planet
Newsweek· 4 days agoClimate change is an existential crisis for the United States. It poses one of the gravest threats...
