Oil

HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) is looking to sell its share in a major Nigerian onshore oil joint venture, CEO Patrick Pouyanne said Thursday at the company's annual results presentation. The Shell…

Crude Oil Update:Energy markets have been worried about oversupplyThese worries have weakened somewhat, but haven’t disappearedTechnically US crude’s uptrend remains in place Recommended by David Cottle Get Your Free Oil…

NiseriN/iStock via Getty Images The Exxon Mobil-led (NYSE:XOM) consortium in Guyana is pumping 645K bbl/day in the country, up from ~400K bbl/day in late 2023, the company said Tuesday. Exxon (XOM) said all three currently operational…

WTI (US Oil) Talking Points:Crude prices look set for a third straight session of fallsA stronger Dollar has added to the markets’ woesKeep an eye on Fed speakers this weekCrude oil prices have been hammered again on Monday by the stronger…

Breadcrumb Trail LinksPMN BusinessThe global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.Author of the article:Published Feb 03,…

The price of crude oil isn't selling at $72.28. That's down $-1.54 or -2.09%. The low for the day was at $71.79. The high for the day was at $74.52. The price decline comes despite the stronger-than-expected US jobs report and other reports…

Oil (Brent, WTI) Analysis Recommended by Richard Snow Get Your Free Oil Forecast OPEC+ Maintains Voluntary Output CutsOPEC+ has maintained its output cuts and will meet again in March to decide on output levels for…

Oil (Brent Crude, WTI) AnalysisBrent crude oil backs off after Houthi strikeWTI oil breaches long-term trend marker to the downsideFind out what oil markets have in store during the first quarter by downloading our Oil Forecast for Q1…

2/2 © Reuters. Venezuelan opposition presidential candidate Maria Corina Machado addresses the media, after a court upheld a ban preventing her from holding office, in Caracas, Venezuela, January 29, 2024. REUTERS/Leonardo Fernandez…

After rising to a high price of $79.29, the price of crude oil fell sharply to a low of $76.41. It is settling at $76.78. That's down $-1.23 or -1.58%.China's Evergrande was ordered to liquidate its holdings after failing on interest…