Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said oil producers shouldn’t take the rise in prices for granted. Oil rallied above $86 a barrel after Saudi Arabia said that Continue Reading
Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world Continue Reading
Oil swung between gains and losses as traders weigh the ongoing impact of a global energy crunch and dwindling inventories at a key U.S. storage hub. Front-month futures in New Continue Reading
Natural-gas prices have shed 16% since hitting a 13-year high earlier this month, reversing some of a run-up that has prompted fears of exorbitant heating bills and higher manufacturing costs at a Continue Reading
Oil has now comfortably settled above $80, with Saudi Arabia refusing to alter its strategy and U.S. shale companies maintaining their spending discipline. For a deeper dive into exactly what Continue Reading
The only gas station in Gorda Springs, California, population ~100, is now selling premium gasoline for $8.50 per gallon amid one of the most jarring energy crises in history. The Continue Reading
Crude oil futures were lower during mid-morning trade in Asia on Oct. 22, as sentiment was impacted by pandemic concerns which could weigh on the demand outlook. At 11:15 am Continue Reading
Oil swung between gains and losses as traders weigh the ongoing impact of a global energy crunch and dwindling inventories at a key U.S. storage hub. Front-month futures in New Continue Reading
Oil prices fell on Friday with Brent poised for its first weekly dip in seven weeks as demand for oil products in power generation cooled off amid easing coal and Continue Reading
Brent Crude prices hit $86.10 per barrel early on Thursday Profit-taking eased the prices on Thursday “The reluctance of OPEC+ to pump more in the short term suggests that oil Continue Reading
