Goldman Sachs Turns Bullish On Energy Stocks
On a day when one of our preferred stocks, Exxon, has hit the highest price since last June following an upgrade from Credit Suisse which upped its price target for Continue Reading
Is This Oil Rally The Start Of Something Much Bigger?
Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation. The commodity bull run across the board—spearheaded by a Continue Reading
Where Did The ‘Missing Barrels’ From 2020s Oil Glut Go?
While analysts and industry officials hail the tightening of the oil market and the rebalancing of supply and demand, the huge build of global stocks last year poses the question Continue Reading
COVID-19 shots might be tweaked if variants get worse
The makers of COVID-19 vaccines are figuring out how to tweak their recipes against worrisome virus mutations — and regulators are looking to flu as a blueprint if and when Continue Reading
Iran tells IAEA it plans to scale back cooperation in a week
Iran has told the U.N. nuclear watchdog it will dramatically scale back cooperation with it in a week, a report by the agency to its member states showed on Tuesday, Continue Reading
Iran to Tightly Restrict Inspectors’ Access if U.S. Sanctions Not Lifted
Iran has warned it would tear up much of the international monitoring of its nuclear activities next week if the U.S. doesn’t lift economic sanctions, in a fresh bid to pressure Continue Reading
After a Decade of Chaos, Can a Splintered Libya Be Made Whole?
Fluttering flags and ornamental lights in red, white and green went up on buildings and lampposts around the Libyan capital, Tripoli, this month to mark the 10th anniversary of the Continue Reading
FUJAIRAH DATA: Oil products stocks drop to 2021 low as fuel oil exports set record high
Oil products stockpiles at the Port of Fujairah dropped to the lowest level of 2021, with exports of fuel oil setting a record high. Receive daily email alerts, subscriber notes Continue Reading
FEATURE: Plans for second Aramco share sale increase oil price pressure on Saudi Arabia
Spurred by the accelerating global energy transition, Saudi Arabia may soon sell more shares of its flagship oil company to finance projects aimed at diversifying its hydrocarbon-reliant economy. The plan Continue Reading
More Than 50% of South Africans May Have Had Covid, Insurer Discovery Says – Bloomberg
More than half of South Africans are likely to have been infected with Covid-19, the chief executive officer of the country’s biggest health insurer said. While about 48,000 deaths have been Continue Reading