The head of oil producer alliance OPEC brushed off forecasts of dwindling crude demand in the coming year, saying there was too much pessimism in the market —…
Read more ‘Too much doom and gloom’: OPEC chief is bullish on oil demand despite extended production cutsTraders work on the floor of the New York Stock Exchange on April 5, 2024. Spencer Platt | Getty Images News | Getty Images This report is from…
Read more CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good placeTraders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 17, 2024. Brendan McDermid | Reuters This report is from…
Read more CNBC Daily Open: Bullish sentiment and broadening rally – plenty to like about marketsHundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on…
Read more Oil prices little changed as U.S. moves to replenish reserve, Gaza cease-fire still uncertainA picture taken during an organised tour by Yemen’s Houthi rebels on November 22, 2023 showing the Galaxy Leader cargo ship approaching the port in the Red Sea…
Read more Oil prices fall as traders monitor rising tensions in Red SeaRussia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power.…
Read more Oil prices climb after Russia mutiny stoke fears of supply disruptionPump jacks are seen in the Midway Sunset oilfield, California. Lucy Nicholson | Reuters Chronic underinvestment in the hydrocarbons sector will keep global supply tight, the head of…
Read more Persistent underinvestment in the oil sector will keep global supply tight, Aramco CEO says
