Soaring Interest Rates Are Quietly Transforming Oil Markets
For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Oil’s
2023-07-06 09:57
Oil Erases Drop as Traders Weigh Up Latest Gambit From OPEC+
Oil steadied after rallying more than 2% Tuesday on Saudi Arabian and Russian production cuts. Global benchmark Brent
2023-07-05 20:59
Saudi Oil Cuts See Top Buyers Looking at Crude From Elsewhere
Asia’s oil refiners, responsible for meeting about a third of the world’s fuel consumption, are getting ready to
2023-07-04 23:24
Saudis and Russia Extend Oil Supply Cuts, Bolstering Prices
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-03 19:24
Oil Traders Transfixed as Activity on Platform Jumps
The trading of Middle Eastern oil derivatives on a closely-watched platform that helps set crude benchmarks and shape
2023-07-03 17:50
India’s Oil Imports From Russia Climb to New Peak as Limit Nears
India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the
2023-07-03 10:52
Oil Steadies After Record Losing Run as Traders Eye Second Half
Oil was little changed as the second half kicked off, with traders focused on challenges to demand and
2023-07-03 07:21
Trafigura Cuts Mexico Oil Traders as Policies Crimp Margins
Trafigura Group is cutting oil-trader positions in Mexico as the government’s nationalist policies squeeze its profit margins. Five
2023-06-27 03:47
Russia Crisis Forces Rethink of Oil Market’s Balance of Risks
The global oil market faces fresh risks from the uprising in Russia by mercenary group Wagner, according to
2023-06-26 11:47
Oil Advances After Russian Mutiny Rattles Major OPEC+ Producer
Oil climbed as investors weighed the fallout from a rebellion in Russia that turned into the greatest threat
2023-06-26 07:58
Shell Challenged on Net Zero After Fossil-Fuel Investment Boost
Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how
2023-06-16 15:59
Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says
Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion
2023-06-14 16:48