Oil

SlavkoSereda/iStock via Getty Images Crude oil prices rose for a second straight session on Thursday as Hurricane Francine forced several offshore wells to shut in production, but gains were capped by lingering concerns about the…

Figures via oilprice.com on Twitter:--The predictions I saw focused on:Crude oil rises by 1.0 million barrelsDistillates +0.3 million barrelsGasoline -0.1 million---This data point is taken from a special survey conducted by the American…

WTI Daily CrudeThe price of a barrel of WTI crude oil is now at $65.It fell 4% on the day, or $2.75, to $65.96, its worst level since May 2023. It has traded as low here on a handful of days in 2023, but if it finishes at this level, it…

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Breadcrumbs Path LinksPMN BusinessThe oil party isn't over yet - but for the top traders and executives gathering for talks and cocktails on rooftops in Singapore this week, the euphoria that came with the huge profits of recent years is…

Pera1 U.S. regulators are seeking to rewrite guidelines on how to protect endangered species in the Gulf of Mexico before a December deadline, which could lead to Threat to oil and gas production In an area that supplies 2 million…

Crude oil WTI dailyThe oil market didn’t spend much time below $70 in the post-pandemic period, but after five days of heavy selling, it’s now at $67.29, the lowest since June 2023.Last year, we saw several dips to this range, all of them…

Basic OverviewLast week was a tough one for crude oil as the price fell more than 6% on renewed growth concerns amid weak US data. OPEC+’s delay in increasing production from October did not spark a rally but helped slow the downward…

Kenyans are set to pay an extra Sh4.45 per litre of fuel if a proposal in a study commissioned by the Energy Regulatory Authority is adopted, raising concerns about pressure on cost-of-living measures. The study by consultants Corrent…

(Bloomberg) -- Asian stocks fell the most since Aug. 5, tracking a selloff in their U.S. counterparts driven by a sharp drop in Nvidia Corp.Most Read from BloombergShares of Asian chipmakers fell amid renewed concerns about the AI ​​craze,…