Financial News

OPEC makes fifth and biggest cut to 2024 oil demand growth forecast

OPEC makes fifth and biggest cut to 2024 oil demand growth forecast

By Alex Lawler LONDON (Reuters) -OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on…
Oil prices retain strength despite OPEC cutting demand forecasts

Oil prices retain strength despite OPEC cutting demand forecasts

Investing.com — Oil prices rose Wednesday, with sentiment continuing to be boosted by the expectation of stimulus measures in top…
Gold prices scale $2,700 highs as safe-haven bid offsets stronger dollar

Gold prices scale $2,700 highs as safe-haven bid offsets stronger dollar

Investing.com– Gold prices jumped above the $2,700 mark Wednesday as geopolitical instability in Asia and the Middle East underpinned safe…
Oil prices rise on China stimulus, possible tight supply in Europe

Oil prices rise on China stimulus, possible tight supply in Europe

By Erwin Seba HOUSTON (Reuters) -Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s…
US Supreme Court may limit environmental reviews in Utah railway fight

US Supreme Court may limit environmental reviews in Utah railway fight

By Andrew Chung, John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court appeared inclined on Tuesday to limit the extent to…
Oil prices stable with China stimulus, Syria tensions in focus

Oil prices stable with China stimulus, Syria tensions in focus

Investing.com– Oil prices steadied Tuesday, consolidating after the previous session’s gains following pledges of more stimulus in top importer China…
US to offer minimum acreage required at Alaska oil and gas auction

US to offer minimum acreage required at Alaska oil and gas auction

(Reuters) -The Biden administration will offer oil and gas drilling leases in Alaska’s Arctic National Wildlife Refuge at a sale…
Oil prices settle higher as China’s stimulus pledge stokes crude demand hopes

Oil prices settle higher as China’s stimulus pledge stokes crude demand hopes

Investing.com – Oil prices settled higher Monday as China, the world’s largest crude importer, unveiled plans to ease monetary policy…
Oil rises over 1% on ouster of Syria’s Assad, Chinese monetary policy

Oil rises over 1% on ouster of Syria’s Assad, Chinese monetary policy

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed more than 1% on Monday on higher geopolitical risk after the fall…
BP and Jera to invest $5.8 billion in offshore wind JV

BP and Jera to invest $5.8 billion in offshore wind JV

BP (NYSE:BP) Plc and Jera Co., the largest power producer in Japan, have announced the formation of a joint venture,…
Back to top button