Oil price

Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Oil Price
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…
Crude Oil
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "…
Crude Oil
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial …
Crude Oil
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…
Crude Oil
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of cru…
Crude Oil
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil Price
Oil Edges Lower as Supply Disruption Concerns Ease
Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evid…
Oil Price
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
Oil Price
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…
Oil Price
Energy Bills Are Set to Soar in the UK
As natural gas prices continue to surge, the average energy bill in the UK is set to soar to nearly £4,000 a year ($4800 USD) in January.
Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
Crude Oil
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
Oil Price
South Africa Authorities to Cut Fuel Pump Prices From Wednesday
South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…

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Oil price

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental

Oil Prices Ease as Russia Output Increases

Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View

It’s Time for an Oil and Gas Boom in Africa

Saudi Aramco Profit Soars on Higher Prices and Refining Margins

Gulf Of Mexico Oil Outages Balloon Beyond Shell

IEA Sees Higher Oil Demand This Year

Oil Edges Lower as Supply Disruption Concerns Ease

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Energy Bills Are Set to Soar in the UK

Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build

BP Profit Triples on Soaring Energy Prices

Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices

South Africa Authorities to Cut Fuel Pump Prices From Wednesday