Oil extended gains as Iraqi exports via Turkey remain disrupted amid a dispute with Kurdish authorities, while an industry report showed a decline in US stockpiles. Brent crude traded above $79 a barrel, while West […]
Oil extended a weekly gain, with investors awaiting further economic data as the fallout from the banking crisis continued to ripple across markets.West Texas Intermediate futures edged toward $70 a barrel after climbing almost 4% […]
Ask the world’s biggest oil traders where the market is headed as prices hover near a 15-month low, and you’ll hear almost universal agreement: The stage is set for a rally. But an examination of […]
SACRAMENTO, Calif. (AP) — A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov. Gavin Newsom, the […]
Risk of accidents in focus as ‘shadow’ fleet grows Stirs fears of oil spills, decades after Exxon Valdez Hundreds of ships carry oil from sanctioned nations Many ship certifiers and insurers have pulled services […]
LONDON, March 22 (Reuters) – Portfolio investors dumped petroleum futures and options at one of the fastest rates on record in the early stages of the banking crisis, as traders anticipated an increased probability of […]
The world’s top oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the use of the products they sell. Scientists say the world needs to cut greenhouse […]
A key ingredient commonly found in kitchens could face a shortage in the coming months as global biofuel consumption surges due to climate change initiatives. As reported by Bloomberg, Western nations are increasingly adopting plant-based […]
ONDON, March 22 (Reuters) – Oil prices edged lower on Wednesday following fresh indications of weak demand, and as the market awaited a crucial interest rate decision by the U.S. Federal Reserve. Brent crude […]
The oil and gas industry is one of the world’s largest and most complex industries. It involves a range of processes, from exploration and extraction to refining and distribution. One critical aspect of this […]
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