Russia’s Oil Giant Urges OPEC+ to Track Exports, Not Just Output
OPEC and its allies need to monitor not only production of the organization’s member countries but also their
2023-06-17 18:58
Abu Dhabi’s G42, Israel’s Viola Launch Tech Talent Venture
Abu Dhabi artificial intelligence firm G42 and Israeli technology investment firm Viola Group said they have set up
2023-06-16 15:28
Oil Holds Biggest Jump in Six Weeks on China Stimulus Signs
Oil was steady in Asia after jumping the most in six weeks on Thursday as a weaker dollar
2023-06-16 08:47
Switzerland’s New Inflation Forecast Backs Another SNB Hike
Switzerland’s government expects inflation to be above the central bank’s target this year — a forecast which reinforces
2023-06-15 16:49
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:28
Oil Holds Loss on Jump in US Stockpiles, Fed Rate-Hike Signal
Oil held most of a drop driven by a surprise jump in US crude stockpiles and the Federal
2023-06-15 08:53
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
2023-06-15 02:48
Oil Demand Growth to Slow Dramatically as Peak Nears, IEA Says
Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion
2023-06-14 16:21
Saudis Look to China for Business as US Influence Wanes
Days after welcoming Secretary of State Antony Blinken as part of efforts to reset relations with the US,
2023-06-14 14:51
Oil Supertanker Rates Surge as Cargoes From Mideast Climb
Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes
2023-06-14 14:24
The $140 Million Effort to Defuse an Oil Tanker Ready to Explode
An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen
2023-06-14 12:22
Oil Holds Advance as Broad China Stimulus Plan Aids Sentiment
Oil steadied after rising more than 3% Tuesday on signs that China is shifting into stimulus mode and
2023-06-14 08:19