Oil hardly changed as focus turns to Opec+ meeting Mon 27 May 2024 New Delhi — Oil prices steadied in Asian trading on Monday as markets awaited an Opec+ meeting on June 2 where producers are expected to discuss maintaining voluntary... (photo: Creative Commons) Business Day Energy Global Trading Oil Photos |
Oil prices down with US demand decline, high interest rate concerns Thu 23 May 2024 Oil prices declined on Thursday after the minutes of the US Federal Reserve's (Fed) recent meeting revealed the transition to low inflation may take longer than expected.... (photo: Creative Commons) Anadolu Agency Energy Global Trading Oil Photos |
US tapping fuel reserve to cut pump prices Wed 22 May 2024 WASHINGTON -- The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to... (photo: Creative Commons) Arkansas Democrat-Gazette Energy Oil Photos US States |
Oil market faces uncertainties after Iranian president’s death Tue 21 May 2024 Although oil prices rose following the news of President Ebrahim Raisi’s death, GlobalData does not expect a long-term impact on oil markets. Crude oil prices on Monday... (photo: AP / Vahid Salemi) Offshore Technology Gas Global Trading Oil Photos |
Oil and gas contract momentum declines in Q1 2024 Mon 20 May 2024 Europe recorded most of the contracts, with 381 contracts in Q1 2024, followed by North America and Asia with 345 and 229 contracts, respectively during the quarter.... (photo: AP / Marc Israel Sellem) Offshore Technology Gas Global Trading Oil Photos |
Green activists push Biden to freeze ‘disastrous’ deepwater oil export rigs Mon 20 May 2024 Joe Biden’s administration is coming under renewed pressure to escalate its curbs on the US’s booming trade in fossil fuels by halting new deepwater oil-export... (photo: US Navy / MCS2 (EXW/SW) Corey Truax) The Observer Climate change Environment Oil Photos |
Oil gains more ground on signs of stronger demand Thu 16 May 2024 Tokyo/Singapore — Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the US, where data showed slower inflation than markets... (photo: AP / Frank Augstein) Business Day Energy Global Trading Oil Photos |
Trump investigated over $1 billion 'quid pro quo' deal with big oil Wed 15 May 2024 A top U.S. House Democrat announced Tuesday that he is demanding answers from fossil fuel executives after Washington Post reporting revealed last week that former... (photo: White House / Shealah Craighead) Raw Story Climate change Donald Trump Oil Photos |
How Norway’s oil and gas tax fuelled an EV boom Tue 14 May 2024 Despite being a major oil and gas producer, Norway is known as one of the cleanest nations thanks to a huge appetite for electric vehicles (EVs). How has the country used... (photo: Creative Commons / Jarvin) Offshore Technology Gas Norway Oil Photos |
Russia’s oil and gas budget revenues up by 82.2% Mon 13 May 2024 Russia’s federal budget revenues from the oil and gas industry showed a significant increase to 4.2 trillion rubles ($45.7 billion) in the January-April 2024 period,... (photo: AP / Markus Schreiber) Anadolu Agency Gas Oil Photos Russia |
Oil prices up over investor profit-taking, supply uncertainties Mon 13 May 2024 Oil prices increased on Monday amid moderate investor profit-taking, supply uncertainties from tensions in the Middle East, and the possibility of the OPEC+ group's... (photo: Creative Commons) Anadolu Agency Energy Global Trading Oil Photos |
Fossil fuels generated less than a quarter of EU’s electricity for first time in April Fri 10 May 2024 The ongoing trend of increasing solar and wind uptake has continued. Fossil fuels produced less than a quarter of the EU’s electricity for the first time in April 2024,... (photo: Max Pixel) Offshore Technology Electricity European Union Fossil Fuels Photos |
Oil set for weekly gain as demand signs, geopolitics seen as positives Fri 10 May 2024 By Katya Golubkova and Sudarshan Varadhan Oil set for weekly gain as demand signs, geopolitics seen as positives SINGORE -Oil rose on Friday, set for a weekly gain, as... (photo: Creative Commons) Hindustan Times Energy Global Trading Oil Photos |
Clean energy on the cusp of rolling back fossil fuels: Report Wed 8 May 2024 Renewable energy will this year shrink fossil fuels’ reigning share of the global electricity market for the first time. That is the key finding of Ember, a leading... (photo: Creative Commons / Sebastian Ganso) Al Jazeera Climate change Energy Fossil Fuels Photos |
Escalated conflict in the Middle East could result in oil at $150 per barrel Tue 7 May 2024 Thus far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil... (photo: AP / Marta Lavandier) Khaleejtimes Energy Global Trading Oil Photos |
Europe risks losing its biggest oil companies to America Tue 7 May 2024 Two of Europe’s biggest oil companies, Shell and TotalEnergies, are considering abandoning their stock exchanges for Wall Street in a move that would deal a hammer blow... (photo: AP / Rafael Yaghobzadeh, File) CNN Energy Europe Oil Photos |
Saudi Aramco maintains $31bn dividend despite lower earnings Tue 7 May 2024 Dubai — Saudi Arabian state-owned oil giant Aramco expects to pay $31bn in dividends to the Saudi government and its shareholders despite reporting lower earnings for the... (photo: AP / John Moore) Business Day Business Oil Photos Saudi Arabia |
Russian oil export revenues rise by $17.2bn in March Thu 2 May 2024 Moscow has been utilising its shadow fleet to bypass sanctions, according to a report by Kyiv School of Economics. Russian oil export revenues increased to $17.2bn... (photo: AP Photo / Srdjan Ilic, file) Offshore Technology Global Trading Oil Photos Russia |
Russian oil tanker leaks pose billion-pound threat to English coast Thu 2 May 2024 A “ghost fleet” of unseaworthy Russian oil tankers travelling through the Strait of Dover risks inflicting billions of pounds of environmental damage on the English... (photo: AP / Emergency Situations Ministry) The Times/The Sunday Times English coast Photos Russian oil tankers Wikipedia: Oil tanker uk |
Ukraine hits Putin’s oil refinery in kamikaze drone strike sparking fireball blast near Moscow Wed 1 May 2024 UKRAINE has blitzed another major Russian oil refinery in a kamikaze drone strike, the explosions sparking a huge inferno near Moscow. Dramatic video from the scene... (photo: AP / RIA-Novosti, Alexei Nikolsky, Pool) The Sun Moscow Photos Russia Vladimir Putin Wikipedia: Vladimir Putin |