[ad_1] Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears…
Tag: crude oil
Russian Rouble maintains stability amid holiday thin trading- Republic World
[ad_1] ‘Creatively competitive’, Christmas campaigns that made companies wear thinking cap | Image:Pexels Come the festive season, from copy writers to designers, teams driving creatives are ought to put their…
Oil price forecast for 2024: What’s in store for global crude?
[ad_1] The global oil markets are poised for some serious headwinds and challenges in 2024. Euronews Business looks at the outlook for the most important commodity in the world, oil.…
The fossil fuel dilemma
[ad_1] The production of fossil fuels — coal, oil and natural gas — jumped to a record high last year, with as much as 237 million barrels of oil equivalent…
What to Watch in the CPI Report: Did Inflation Heat Up or Cool Down Last Month?
[ad_1] Americans paid less for gasoline last month, helping keep inflation in check, but underlying price pressures remained steady in October, analysts estimate. Such an outcome would leave inflation elevated…
Oil wavers on weak demand outlook in US and China, Fed hedging
[ad_1] Oil prices wavered on Monday, as renewed concerns over waning demand in the United States and China, coupled with mixed signals from the U.S. Federal Reserve, kept markets uncertain.…
Why You Might Get Cheap Gas for Christmas
[ad_1] Refiners are selling gasoline for barely any profit at the moment. [ad_2] Source link
Oil dips as economic concerns offset Middle East supply worries
[ad_1] OIL fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza. Brent…
Chevron to Buy Hess for $53 Billion
[ad_1] Updated Oct. 23, 2023 7:45 am ET Chevron said it would buy Hess in an all-stock deal worth $53 billion, the second major oil tie-up this month following Exxon…
Oil prices jump 5% amid Israel-Gaza war
[ad_1] Crude oil prices rose over $4 a barrel in early trade in Asia on Monday after Hamas launched a surprise attack on Israel over the weekend killing over 700…