Crude prices have been on an upward trend amid continued output cuts by oil alliance OPEC+ and tensions ... last two months' inflation prints in the US as gasoline prices have inched higher.
Oil traders are shifting their focus from geopolitical tensions to traditional fundamentals, supported by OPEC+ capacity.
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation ...
Brent crude oil price news: Oil prices rose on Thursday on the prospect the US may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an Israel-Gaza ...
and TotalEnergies are back to raising oil and gas output, but the U.S. supermajors are far ahead in production growth and plans, thanks to the Permian and Guyana. The close: U.S. stocks fall as GDP ...
Stock markets in the United Arab Emirates rose on Friday, tracking gains in oil prices on the prospect that OPEC+ will ...
Investors also awaited a slew of key U.S. economic data this week, including reports on new home sales, durable goods orders and personal income and spending. Earnings season also starts to pick up ...
Lawyers for the US government and Google are presenting closing arguments in the largest US antitrust case in years this week ...
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the ...
Australian fuel retailer Ampol reported a 7.3% drop in first-quarter output from its Lytton refinery in Queensland on Tuesday ...
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand ...
Epic Games won its antitrust lawsuit against Google in December when a federal jury found that the latter violated US ...