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Russian crude exports are rising despite pledge to cut, helping keep oil prices in check

Mon, 11/13/2023 - 11:17

Crude oil tanker — Crude oil tanker
Getty Images

Markets, mi-exclusive, Russia, crude-oil, Brent, WTI, oil-prices

The drop in oil prices is just a 'ploy' as speculators pretend demand is weak, Saudi Arabia energy minister says

Fri, 11/10/2023 - 10:12

Prince Abdulaziz bin Salman — Saudi Arabian Energy Minister Prince Abdulaziz bin Salman.
REUTERS/Satish Kumar

Markets, mi-exclusive, oil-prices, oil-price-outlook, oil-supply, saudi-arabia, brent-crude

Oil prices are at their lowest level since August. Here's everything moving crude markets.

Tue, 11/07/2023 - 10:45

Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023. — Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
REUTERS/Ammar Awad

Markets, mi-exclusive, Markets, oil-prices, oil-price-outlook, crude, crude-oil

Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says

Fri, 10/20/2023 - 16:05

Tech Insider : Economy

Israeli army tanks gathered near the Gaza border. — The Israeli army deployed troops and armored vehicles to the Gaza border as the deadline to evacuate northern Gaza approached.
Mostafa Alkharouf/Anadolu via Getty Images

Markets, mi-exclusive, israel-hamas, Oil, crude, Commodities, Brent

Oil prices jump again as explosion at Gaza hospital jacks up tensions in the Middle East

Wed, 10/18/2023 - 05:23

israel evacuation — Residents of the southern Israeli city of Netivot bordering the Gaza Strip wait near a bus before being evacuated to central Israel on October 7, 2023.
Gil Cohen-Magen/AFP via Getty Images

Markets, mi-exclusive, Commodities, Oil, Brent, WTI, Israel

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

Mon, 10/02/2023 - 14:27

Oil drilling — Oil drilling
Getty Images

Markets, mi-exclusive, OPEC, oil-investment, crude, oil-price, Brent

Oil is heading for $100 a barrel – and that could spoil everything for the Fed

Wed, 09/20/2023 - 06:57

Tech Insider : Economy, Economy

Oil drilling — Oil prices are nearing $100 a barrel.
Getty Images

economy, Markets, economy, Markets, Commodities, federal-reserve, interest-rates

The biggest oil deficit since 2007 will hit in the 4th quarter as Saudi Arabia cuts supply

Tue, 09/12/2023 - 12:43

Tech Insider : Economy

oil worker barrels — A worker prepares to transport oil pipelines to be laid for the Pengerang Gas Pipeline Project at an area 40km (24 miles) away from the Pengerang Integrated Petroleum Complex in Pengerang, Johor, Malaysia.
Reuters/Edgar Su

Markets, mi-exclusive, Oil, saudi-arabia, OPEC, oil-prices, WTI

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

Mon, 04/03/2023 - 00:50

OPEC OPEC+ oil producers oil price — The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.
Ramzi Boudina/Reuters

Markets, News, MI Exclusive, Crude Oil, OPEC, Oil, energy

Bank turmoil drags oil prices down to 15-month low

Thu, 03/16/2023 - 09:55

us oil refinery — REUTERS/Donna Carson

Markets, MI Exclusive, oil prices, Brent Crude, WTI, energy, bank crisis

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