Saudi Arabia’s Stash of Oil in the Red Sea Is Driving Up Global Floating Storage
The amount of oil being stored at sea globally climbed to the highest in more than two-and-a-half years,
2023-06-26 19:58
Russia Crisis Forces Rethink of Oil Market’s Balance of Risks
The global oil market faces fresh risks from the uprising in Russia by mercenary group Wagner, according to
2023-06-26 11:59
Oil Advances as Instability in Russia, Growth Fears Dominate
Oil climbed as investors weighed the fallout from an attempted mutiny in Russia against Vladimir Putin’s almost quarter-century
2023-06-26 06:48
Oil Heads for Steep Weekly Loss as Fed Sees Further Tightening
Oil headed for a weekly loss of more than 3% after the Federal Reserve signaled that further rate
2023-06-23 08:16
Oil Holds Advance on Signs Demand Starting to Improve in Asia
Oil held the bulk of a near 2% gain made Wednesday on signs of rising demand in Asia
2023-06-22 11:59
Oil Drops With China Demand Outlook and Powell Remarks in Focus
Oil fell on concern that Chinese stimulus may undershoot expectations, and as investors prepared for commentary from the
2023-06-21 07:51
Net Zero World Seen Crushing Canada’s Oil Output 76% by 2050
Canada’s oil production would plunge 76% in less than three decades if the world took sufficient action to
2023-06-21 02:22
China’s Sluggish Economic Rebound Seeps Into Plastics Market
China’s lackluster economic recovery is weighing on the margins from making some lesser-known oil products needed for plastics
2023-06-20 13:17
Oil Drifts Lower on Concern Chinese Stimulus Will Fall Short
Oil edged lower on concern that stimulus to revive China’s flagging economic recovery may fall short of expectations.
2023-06-20 08:29
Woodside Greenlights $7.2 Billion Mexico Deepwater Oil Project
Woodside Energy Group Ltd. gave the go-ahead for a $7.2 billion oil field off Mexico, the Australian producer’s
2023-06-20 08:25
Big Oil’s Green Retreat Helps Clear the Way for Everyone Else in Renewables
Big Oil won’t be missed by its renewable power competitors. Shell Plc’s pivot away from wind farms and
2023-06-19 14:28
Oil Edges Lower After Last Week’s Gain With Focus on Second Half
Oil edged lower following its first weekly gain this month, as investors start to focus on the outlook
2023-06-19 07:15