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HomeOil price

Oil price

Oil
Crude Oil News

Oil falls more than $1/bbl on Middle East peace talks, US rate cut doubts

April 29, 2024 Mariel Alumit

April 29 (Reuters) – Oil prices lost more than $1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect […]

Oil
Crude Oil News

Oil settles lower as U.S. business activity cools, concerns over Middle East ease

April 24, 2024 Mariel Alumit

NEW YORK, April 24 (Reuters) – Oil prices fell on Wednesday as worries over conflict in the Middle East eased and business activity in the United States slowed, although a fall in U.S. crude oil […]

oil
Crude Oil News

How US shale keeps sheltering America from the next oil price surge

April 23, 2024 Mariel Alumit

In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president. In the decades since, the possibility […]

Oil
Crude Oil News

Oil settles higher after Israeli strike overshadows ceasefire talks

April 10, 2024 Mariel Alumit

April 10 (Reuters) – Oil prices settled up $1 on Wednesday after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that ceasefire talks might stall. […]

Oil prices
Crude Oil News

Oil prices settle lower again, eyes on talks for Gaza ceasefire

April 9, 2024 Mariel Alumit

HOUSTON, April 9 (Reuters) – Oil prices settled lower for a second day on Tuesday, as talks for a ceasefire in Gaza continued, but losses were limited to less than a dollar a barrel as […]

Oil
Crude Oil News

Oil falls on renewed push for Middle East ceasefire

April 8, 2024 Mariel Alumit

NEW YORK, April 8 (Reuters) – Oil prices fell on Monday, ending a multi-session rally after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks with Hamas. Brent crude […]

Oil
Crude Oil News

Oil settles at 5-month high; gains capped by jump in US crude stocks

April 3, 2024 Mariel Alumit

NEW YORK, April 3 (Reuters) – Oil prices settled at their highest levels since late October on Wednesday as investors worried about supply disruptions from a worsening geopolitical landscape, although a jump in U.S. crude […]

Oil
Crude Oil News

Oil settles up on supply threats, hits 2024 highs during session

April 2, 2024 Mariel Alumit

April 2 (Reuters) – Oil prices settled higher on Tuesday after a session in which Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East pushed the Brent benchmark above $89 a […]

Climate Crisis

Regulatory Wrangles, Subsidy Skepticism, Fossil Fuel Dynamics, and Shareholder Spats

April 2, 2024 Andy Del Prado

Daily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of […]

Oil
Crude Oil News

Oil up 1%, US WTI at 5-month closing high, market seen tight

April 1, 2024 Mariel Alumit

NEW YORK, April 1 (Reuters) – Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, […]

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