Crude futures gain with renewed Middle East tensions adding to expectations that a Fed interest-rate cut this week could support demand for oil.
Items: ¶Four major Middle East oil producers —British Petroleum, Shell, Mobil, and the Compagnie Franchise des Petroles—cut their posted crude-oil prices, following the lead of Esso Export ...
An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, Roubini has warned.
The situation escalated with a significant exchange of missiles after the killing of a senior Hezbollah commander, raising fears of a broader conflict in the Middle East—a key oil-producing region.
Oil prices rose sharply on Thursday, climbing nearly 2%, as the Federal Reserve's unexpected rate cut and escalating tensions ...
Oil prices dipped slightly on Wednesday as signs of rising U.S. stockpiles countered concerns about escalating tensions in ...
Shares of energy companies rose alongside crude-oil futures amid more violence in the Middle East. Thousands were injured in Lebanon and several people were killed when pagers used by Hezbollah ...
Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East conflict and the ...
A reported halt in oil output and exports by Libya’s eastern government, along with escalating tensions between Israel and Hezbollah over the weekend, fueled worries over disruptions to the ...
Oman’s state energy company OQ SAOC is looking to raise about $2 billion by selling shares in its exploration and production ...
In the Middle East, oil and gas companies are also investing heavily in the energy transition. Given the global scope of the sovereign wealth funds, the lithium industry ought to be considered as ...