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Oil & Gas
Biden to US Oil Companies: ‘Bring Down Petrol Prices Now’
Crude prices have fallen in recent weeks on fears of a global economic slowdown.
Oil & Gas
Oil Prices Steady on Prospect of Balancing Supply After Steep Selloff
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in
Oil & Gas
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th
Oil & Gas
Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.
Oil & Gas
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s
Oil & Gas
Volkswagen Warns: High Gas Prices Could Impact Car Production
Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord
Oil & Gas
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Oil & Gas
Oil Rises on Weakening Dollar, Potential Supply Disruptions
Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum
Oil & Gas
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between
Energy Economy
What Will Be Inside UK’s Energy Bill Package for Households and Businesses?
Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week
Oil & Gas
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int
Oil & Gas
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Energy Economy
Energy Bonanza Drives Shareholder Payouts to New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and
Oil & Gas
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and
Oil & Gas
Big Tech Is Under Pressure to Turn Its Back on Big Oil
Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi
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Most views from Oil Price
1
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
2
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
3
Biden’s Blunder Could Send Oil Prices To $100
4
Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply
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Asian Shares Surge as Russia-Ukraine Talks Buoy Sentiment
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India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?
