A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Tue, 06 Apr, 2021
Fri, 05 Mar, 2021
Sun, 11 Oct, 2020
Tue, 30 Jun, 2020
Tue, 26 May, 2020
Fri, 17 Apr, 2020
Fri, 10 Apr, 2020
Thu, 19 Mar, 2020
Tullow Oil shares tanked by over 30% as the Irish-founded exploration company admitted that oil price volatility could put its future in doubt.
Thu, 12 Mar, 2020
The new coronavirus will take a chunk out of China's oil demand. Producers must respond with an output cut.
Tue, 04 Feb, 2020
Crude oil prices will rise to $70 a barrel next year, a leading consultancy predicts.
Wed, 09 Oct, 2019
The tension between the UK and Iran over the seizures of oil tankers in recent weeks pushed the price of oil higher, and helped boost the shares of major oil companies.
Mon, 22 Jul, 2019
The price of Brent crude jumped 2% to over $63.20 a barrel and any further escalation could send prices higher.
Sun, 21 Jul, 2019
Opec agreed to extend oil supply cuts until March 2020, three sources said, as the group’s members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring US production.
Tue, 02 Jul, 2019
Oil soared more than 5% higher yesterday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington.
Fri, 21 Jun, 2019
Oil prices rose more than $1 a barrel yesterday, after US President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later on this month.
Wed, 19 Jun, 2019
Crude oil prices are likely to remain steady around current levels, as growing macro uncertainties, rising US output, and large availability of core Opec nations’ spare capacity will offset supply constraints from Iran and Venezuela, according to Goldman Sachs.
Tue, 04 Jun, 2019
According to the AA’s analysis, the national average cost of a litre of petrol currently sits at 146.1c, up almost 4c from an average price of 142.3c last month.
Mon, 03 Jun, 2019
Saudi Arabia’s energy minister Khalid al-Falih has recommended “gently” driving oil inventories down at a time of plentiful global supplies, saying that Opec would not make hasty decisions about output ahead of its June meeting.
Mon, 20 May, 2019
The price of crude oil declined after topping $72 a barrel last week as a key Russian pipeline began resuming shipments and global oil flows appeared undisturbed days before tougher US sanctions against Iran kick in.
Mon, 29 Apr, 2019
Crude posted the longest weekly winning streak since November 2017, amid concerns over supply shortfalls from countries like Venezuela and optimism over US-China trade talks.
Sat, 06 Apr, 2019
Grant Smith The price of crude oil rose to almost $70 a barrel, a level last breached in November, as global crude supplies tightened, while hopes for an end to the US-China trade impasse lifted financial markets.
Thu, 04 Apr, 2019
Oil headed for its best quarter in almost 10 years as the production cuts by Opec and its allies and the loss of barrels due to US sanctions on Iran and Venezuela countered a wobbly demand outlook.
Sat, 30 Mar, 2019
Boeing and Brexit vied for attention on global financial markets, as sterling slumped as the political woes of UK prime minister Theresa May appeared to deepen, while the planemaker’s shares came under renewed pressure after countries closed airspace to the 737 Max.
Tue, 12 Mar, 2019
Markets don’t believe Opec’s output plans will work
Mon, 04 Mar, 2019
It would be mackerel stupid to believe that the international campaign to expel Saddam Hussein’s army from Kuwait in 1990 was undertaken, at vast expense in lives, treasure, and political-system capital, to defend democracy — or for what then passed, and still does, for democracy in the Middle East. There was other, far more lucrative skin in that game.
Fri, 25 Jan, 2019
Oil jumped as Saudi Arabia prepares to slash shipments to US refiners within weeks in an effort to prevent a price-killing build-up of American stockpiles.
Fri, 14 Dec, 2018
Instead of hiding under the covers every time someone outlines threats to the future, we should take inspiration from how our forefathers addressed the challenges of the past, writes
Tue, 11 Dec, 2018
Oil prices are likely to remain priced around $60 per barrel for the best part of the next decade before increased use of renewable energies starts pushing prices down consistently, a leading UK economic think-tank has said.
Sun, 09 Dec, 2018
Tullow Oil has confirmed its intention to resume paying dividends to shareholders after a five-year hiatus.
Fri, 30 Nov, 2018
Oil prices fell about 1%, heading for a weekly loss of over 6%, with investors worried about oversupply as the US said it will temporarily spare eight jurisdictions from Iran-related sanctions.
Sat, 03 Nov, 2018
Crude oil prices continue to climb despite attempts by oil producers to reassure the market about availability and the existence of enough spare capacity to offset oil lost as a result of US sanctions on Iran.
Sat, 06 Oct, 2018
European shares rose slightly yesterday, reversing initial losses, as anxiety over political stability in Italy appeared to ease just hours before a cabinet meeting to set budget targets.
Fri, 28 Sep, 2018
Oil prices rose ahead of a meeting of Opec and other large crude exporters that will focus on production increases, as US sanctions restrict Iranian exports.
Sat, 22 Sep, 2018
Clouds are gathering over the outlook for the oil market, as trade tensions and rising crude supply threaten to swamp demand growth, but some of the world’s most prominent energy investors are convinced the price will return to record highs.
Wed, 15 Aug, 2018
It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week.
Tue, 17 Jul, 2018
A lot riding on next week’s Opec meeting in Vienna.
Mon, 18 Jun, 2018
The price of a barrel of oil has now increased by over 76% since the middle of June last year, writes
Fri, 25 May, 2018
Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs.
Fri, 18 May, 2018
Shell reported underlying earnings more than doubling to $15.8bn (€12.7bn) last year, up from $7.2bn (€5.79bn) in 2017.
Thu, 01 Feb, 2018
Oil prices edged higher to touch their highest levels since May 2015, supported by Opec-led production cuts and expectations that US crude inventories have dropped for an eighth week.
Wed, 10 Jan, 2018
Investors experienced a very strong year during 2017, writes
Fri, 05 Jan, 2018
Mon, 18 Dec, 2017