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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

Oil prices drop further as the global demand outlook turns murky

Thu, 10/05/2023 - 09:36

oil rig — Gerald Herbert/AP

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

Global fossil fuel demand has to crater 25% by 2030 if the world is going to meet its climate goals, IEA says

Wed, 09/27/2023 - 14:13

Fatih Birol, head of IEA — Fatih Birol warned summer could be difficult for energy markets.
Anadolu Agency/Getty Images

Markets, mi-exclusive, Markets, IEA, international-energy-agency, fatih-birol, fossil-fuel

US oil prices surge to their highest level in 2023

Wed, 09/27/2023 - 12:19

oil rig — Jim Urquhart/Reuters

Markets, mi-exclusive, Markets, Oil, crude-oil, west-texas-intermediate, brent-crude

'Shark Tank' investor Kevin O'Leary warns of more pain coming for the economy as the Fed is poised to hike rates higher and as oil prices keep rising

Fri, 09/22/2023 - 10:25

Tech Insider : Economy

kevin o'leary — The US needs to up oil production to around 18 million barrels a day, Kevin O'Leary estimated.
Reuters/Gus Ruelas

Markets, economy, mi-exclusive, kevin-oleary, Fed, interest-rates, fed-rate-hikes

Oil hovers near $95 a barrel as global crude surges to its highest level in 10 months

Mon, 09/18/2023 - 11:12

oil rig — REUTERS/ Vivek Prakash

Markets, mi-exclusive, Markets, Oil, oil-prices, crude-oil, brent-crude

Tech drags US stocks lower as Oracle drops and Apple slides after iPhone event

Tue, 09/12/2023 - 16:17

Tech Insider : Crypto

Apple CEO Tim Cook presents at WWDC 2023 — Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California.
Justin Sullivan/Getty Images

Markets, mi-exclusive, Markets, apple-stock, stock-market, Stocks, tech-stocks

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

Oil prices soar to 10-month high as Russia and Saudi Arabia commit to slash production for longer

Tue, 09/05/2023 - 15:00

oil rig — Andrew Burton/Getty Images

Markets, mi-exclusive, Markets, brent-crude, energy, Oil, oil-prices

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