Oil prices rise, tight supply back in focus
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary...
oil
Oil industry faces ticking clock
Guyana is not a ‘hellhole country’ of the sort Donald Trump complained about when he said he wanted immigrants to come to the US from...
Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023
Oil prices spiked more than 1 per cent on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching...
Oil dips as factory activity shrinks; investors cautious
Oil prices eased on Thursday after data showed China’s manufacturing activity shrank for the fifth month in a row, and as investors cautiously awaited a...
Oil holds steady near four-month high on OPEC+ cuts
Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening...
As Russian oil crosses G7’s price cap, US eyes soft enforcement
The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of...
Oil eases ahead of China, US data, but OPEC+ cuts limits slide
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China...
Oil rises as markets weigh supply cuts against uncertain economic outlook
Oil prices rose on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against the backdrop of an uncertain...
Opposition maintains pressure over end of fuel subsidies (Updated)
By Elias Hazou and Jonathan Shkurko Opposition parties on Monday kept up the pressure on the government over its unpopular decision to scrap subsidies on...
Oil rebounds but economic outlook caps gains
Oil rebounded on Thursday after the previous day’s plunge, as data showed a jump in refinery runs at the world’s top crude importer China, though...
