Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
2023-06-07 01:49
Starbucks is bringing its controversial olive oil coffee to more cities
Starbucks is going full steam ahead with its controversial line of olive oil-infused coffee drinks, expanding one of its biggest new product launches in years to many more states and cities.
2023-06-06 17:25
China Biofuel Exporters Vow Higher Standards After EU Criticism
Chinese biodiesel producers pledged to improve compliance and export standards, days after European rivals called for action to
2023-06-06 10:17
Oil prices tick down with OPEC meeting in rear view
By Arathy Somasekhar Oil prices edged lower on Tuesday, giving up most of the prior session's gains that
2023-06-06 09:27
Oil Dips as Optimism Over Saudi-Led Production Cut Fades Fast
Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for
2023-06-06 08:16
US Shale Seen Holding Firm on Returns Even as Saudis Cut Supply
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning
2023-06-06 06:48
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:22
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:15
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:47
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:18
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:58