Saudi Arabia’s Red Sea crude terminals have taken on critical importance since tensions with Iran have threatened the key Gulf shipping lane through the Strait of Hormuz over the past few years. Serving those ports […]
ENB Publishers Note: CL briefly passes $53 before diving before settled below after European open drives price action down. Bull still fully in control. ______ Singapore — 0236 GMT: Crude oil futures were rangebound during the […]
Exxon Mobil (NYSE:XOM) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Monday, Briefing.com reports. The brokerage presently has a $57.00 price objective on the oil and […]
Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after a jump in cases there. […]
London — OPEC and its allies raised their crude oil production by 280,000 b/d in December to a seven-month high, as Libya pumped its most since mid-2013 and several other countries posted modest increases, the latest […]
ENB Publishers Note: Couldn’t quite reach $53 before dollar index turns south… _______ Singapore — 0321 GMT: Crude oil futures were lower during mid-morning trade in Asia Jan. 11, as oil, along with the other […]
Energy News Beat Publishers Note: Great news from Total. They are looking to add more renewable energy to their product lines. We are seeing this trend around the world, and is going to be fun […]
The report follows a statement on Friday from Hyundai Motor that it was in early talks with Apple after another local media outlet said the companies were aiming to launch a self-driving electric car in […]
KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste management and renewable energy to communication towers. In the process of raising funds, […]
Tesla is shaking up the competition once again with the release of its new ModelY in China for a lower-than-expected price that’s reportedly causing a run of advance orders. On the first day of 2021, […]
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