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GCC’s non-oil sector sees robust growth despite output cuts
Gulf Business· 4 hours agoThe overall GCC budget position is projected to remain somewhat in surplus in 2024, driven by robust...
American apathy supports Oil
The Forex Market· 14 hours agoThe price of crude Oil rose steadily in the previous fortnight and is starting the new week with a positive trend. The OPEC+ meeting in early June...
Oil funds temper bearishness after OPEC+ reassurance
Gulf Business· 6 days agoInventories of both gasoline and diesel have been rising relative in the US, and consumption growth for oil remains tepid across some markets
BP Stock Flat This Year, What Now?
Forbes· 19 hours agoWith the stock flat so far this year, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy...
Members of Congress Call for DOJ to Investigate Possible Antitrust Violations in Oil Industry
The National Law Review· 6 days agoThis was followed by a similar letter on June 4 from members of the House of Representatives...
Oil market still set to tighten in second half of 2024 - UBS
Investing.com· 6 days agoThe major energy agencies have all recently made revisions to the likely oil balances this year and...
Oil Rises as Stockpile Drop Extends Rally Driven by Risk-On Tone
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Oil rose as a drawdown in US crude inventories extended a rally that has been...
Huge Saudi construction projects 'might get scaled down'
BBC via Yahoo News· 1 day agoThe sale comes amid volatility in oil prices. In July of last year, in an attempt to bolster prices,...
The Best-Performing Stock Sector in the Biden Administration Isn’t What You Think
Barrons.com· 11 hours agoFour years ago, former President Donald Trump told voters that his opponent, Joe Biden, was going to...
Oil Price Outlook: Brent Crude Eyes Further Gains on Supply Risks
MarketPulse· 8 hours agoCrude Oil prices start the week on the front foot, up 0.94% at the time of writing. Oil benchmarks...