Oil

GND Photography Artist Solar energy is emerging as an energy superpower as investment this year in the sector ($380 billion) is set to overtake spending on oil production ($370 billion) for the first time. This is according to Fatih…

© Reuters. FILE PHOTO: An aerial view shows oil tanks belonging to Transneft Oil Pipeline Company at the Kozmino crude oil terminal on the shore of Nakhodka Bay near the port city of Nakhodka in Russia on June 13, 2022. The photo was…

Crude Oil, WTI, US Dollar, US Jobs, US PPI, Fed, FOMC, EIA, SPR - Talking PointsCrude oil It found some relief on Friday after falling more than 2% overnightThe US jobs data and producer price index led the market to bearish hopes…

SlavkoSereda/iStock via Getty Images The oil and gas sector is the stock market's worst performer this year, down 10% compared to the broader S&P 500's 7.5% gain, after leading the market by a large margin last year with a record…

WTI, with all its attributes today and week, settles at $70.04. The price fell - $0.83 or -1.17%. The low price is $69.93. The highest price reached $71.78.For the trading week, Crude Oil prices fell by $1.28, or -1.79%. This is the…

Crude Oil Outlook:oil the prices Falling for the fourth straight week, the Bears tag remains on the wheelThe rising recessionary risks, along with the impasse of the US debt ceiling, are likely to affect energy markets in the near…

© Reuters. FILE PHOTO: Chinese yuan and Russian ruble banknotes are seen amidst the flags of China and Russia in this illustration photo taken Sept. 15, 2022. REUTERS/Florence Lu/Illustration/File Photo (Reuters) - China has…

Crude Oil, US Jobs, China, WTI, OPEC+, RBOB, OVX Index - Talking PointsCrude oil I managed to pick up the lows last week, but the uncertainty persistsOPEC+ may be looking to get more involved in the wake of previous production cutsThe…

Recommended by Manish Grady Introduction to forex news trading The US dollar fell last week after the US Federal Reserve hinted at a pause in its historic interest rate hike campaign. Global stock markets closed largely…

A new oil and gas sector alliance is being organized by the COP28 team behind the United Nations Climate Summit in the United Arab Emirates, but its early outlines of goals aimed at tackling global warming do not include the bulk of…