Oils

Bank of America says oil’s Bermuda triangle is nearing an end

Oil prices rose in the hours following yesterday's news:Assassination of Hamas leader Ismail Haniyeh in TehranHamas says assassination of Ismail Haniyeh is dangerous escalationAll eyes are on the Middle East following this news, and oil…

Oil’s ‘last hurrah’ is coming, Citi says in bearish outlook for global crude…

Investor Empires

Slavko Sereda/iStock via Getty Images Oil futures rose on Wednesday despite an unexpected 3.7 million barrel increase in US crude inventories and the International Energy Agency's forecast of a "spectacular" oil glut by the end of…

Big Oil’s climate planning not good enough, investor group says By Reuters

Investor Empires

By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe's and North America's biggest listed oil and gas companies are not good enough to assess the risks involved, the world's leading investor climate…

Oil’s push toward $100 not built to last, as higher prices start to dent demand

Investor Empires

SlavkoSereda/iStock via Getty Images Crude oil concluded its best quarterly gain since the initial months of the war in Ukraine, but Wall Street does not expect the rally to last much longer, as high prices are beginning to dent demand.…