Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
As oil prices remain volatile around thelatest OPEC+ moves and ongoing demand concerns, all eyes are on the energy sector, ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.
Food inflation has become the economy’s bugbear, eating household incomes and stifling spending on other essentials. Here's ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
EIA also raised its forecast for the national average wholesale gasoline price in Q4 by 2cts, or about 1%, to $2.10/gal, while cutting its average retail price forecast by 1.2%, or 4cts, to $3.11/gal.
With a growing population, dwindling funding of energy projects and increasing pressure over climate change, there is fear that the economy of Africa would face serious hurdles as current reserves of ...
Occidental Petroleum's strong secondary recovery business and low carbon venture are bolstering its profits and future ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
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Of the Super Major category, only Equinor (EQNR), has performed worse on a price return basis in ... most of its money from ...