By Peter Nurse Investing.com -- Oil prices rose Thursday on optimism that China may be easing its tight mobility restrictions ahead of the weekend’s OPEC+ meeting to decide future output...
Offshore drilling operator Valaris has confirmed it has renewed, for an additional three years, the service agreement it has in place with Survival Technology solutions provider Survitec...
EU government have tentatively agreed to a $60/barrel Russian oil price cap. That's at the bottom end of the range floated yesterday in what's a compromise offer to the Baltic states and...
A Pakistani delegation holding talks with their Russian counterparts has asked for a 30-40 per cent discount on crude oil, a demand turned down by Moscow which said it could not offer...
(Bloomberg) -- Natural gas prices in Europe increased with a wave of cold weather set to boost demand and test the region’s preparedness for the winter amid restricted supplies. Benchmark...
Investment in the upstream oil and gas industry in Russia could decline by $15 billion this year as a result of Western sanctions, Rystad Energy has calculated, saying the total for the year...
By Ambar Warrick Investing.com-- Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while...
By Ambar Warrick Investing.com-- Gold prices raced to a three-month high on Thursday after a forecast of smaller interest rate hikes by Federal Reserve Chair Jerome Powell sparked a rally...
Concerns about China’s oil demand amid a new Covid outbreak, renewed restrictions, and protests against the ‘zero-Covid’ policy have weighed on market sentiment in the latter half of...
When the U.S. Treasury Secretary proposed capping the price of Russian export oil to curb Moscow’s revenues, oil prices spiked. The reason was that the price cap, aimed at reducing Russia’s...
China’s National Bureau of Statistics released monthly data on Wednesday showing that factory activity contracted at a steeper pace in November versus October as lockdowns amplified to deal...
Via CNBC:The Biden administration is considering tapping additional reserves of heating and crude oil as winter nears and uncertainty over market prices worsens, according to four people...
By Barani Krishnan Investing.com -- The Biden administration is keeping to its promise of winding down its use of the U.S oil reserve, helping crude stockpiles in the country fall the most...
Investing.com -- U.S. crude oil inventories fell by far more than expected last week, the Energy Information Administration (EIA) said. Crude inventories dropped by 12.580 million barrels,...
(Bloomberg) --OPEC and its allies are increasingly expected to hold production steady after the group shifted its meeting online amid an uncertain market outlook.Earlier this week, OPEC+...
Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December after the U.S. Administration issued this weekend a six-month license allowing the...
Gold futures traded higher for a second straight day on Wednesday as the U.S. dollar softened ahead of comments from Federal Reserve Chairman Jerome Powell.
Protests in a Chinese city escalated this week, with protesters clashing with the police in Guangzhou amid the growing frustration with lockdowns. According to a Reuters report, footage...
The discrepancy between futures markets and forecasts shows how uncertainty and volatility can pry gaps between perceived value and prices.
By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russian oil sparks uncertainty over supply, but will tick lower...
By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates...
Gold remained the priciest in Chennai, trading at Rs 49,360 for 22 carats and Rs 53,850 for 24 carats of 10 grams of gold.
Comex spot gold is headed for its biggest monthly gain since May 2021 after the dollar fell on signs that the US Federal Reserve is preparing to slow the pace of interest-rate hikes, Parmar...
ICICI Direct recommended hold rating on Oil and Natural Gas Corporation with a target price of Rs 155 in its research report dated November 16, 2022.
LONDON (Reuters) – Essar Oil UK said on Wednesday it planned to invest 360 million pounds ($432 million) to build a carbon capture and storage (CCS) facility at its Stanlow...
