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US oil rig count up by 1 for week ending Nov. 22

- Number of US oil rigs fall by 21 compared to one year ago

23.11.2024 Oil

Oil prices up on Russia-Ukraine tension, US inventory build caps gain

- Data from Energy Information Administration reveals 0.1% increase in US commercial crude oil inventories for week ending Nov. 15

21.11.2024 Oil

US crude oil inventories up 0.1% for week ending Nov. 15

- Daily crude oil production falls to around 13.64 million barrels per day

21.11.2024 Oil

Oil prices up with increasing Ukraine-Russia tension

- Money markets calculate a 59% probability that Fed will reduce interest rates next month with 41% probability of rates remaining unchanged

20.11.2024 Oil Energy Diplomacy

Oil prices slide amid lingering US inflation worries

- Oil prices jump nearly $3 as Equinor halts output at Western Europe’s largest field

19.11.2024 Oil

Greenpeace: Taxing oil giants could boost UN Climate Fund by twentyfold

- Greenpeace analysis says taxing oil companies could help cover costs of hurricane, typhoon, and flood-related disasters

19.11.2024 Oil

Oil prices set for weekly fall as IEA report eases supply concerns

- International Energy Agency forecasts potential increase in global oversupply this year, supporting downward movement of prices

15.11.2024 Oil

Oil prices down as supply fears ease

- Reports from IEA and EIA highlight rising global oil production and possibility of oversupply, alleviating market concerns

15.11.2024 Oil

US energy agency increases crude oil price forecasts for 2024, 2025

- EIA estimates international benchmark Brent crude to average $80.95 per barrel in 2024 and $77 in 2025

14.11.2024 Oil

Global oil production up by 0.3% in October, IEA reports

- Agency forecasts global oil demand to reach 102.8 million bpd in 2024, 103.8 million bpd in 2025

14.11.2024 Oil

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Oil fall ahead of Powell's Economic Outlook Speech

- Oil prices down ahead of Powell's speech, with inflation concerns offset by a drop in US crude stocks

14.11.2024 Oil

Russian president, Saudi crown prince discuss Palestinian-Israeli conflict, situation with oil markets

- Vladimir Putin, Mohammed Bin Salman mark position on possible Palestinians, Israeli settlement

14.11.2024 General

Oil prices up amid Middle East turmoil, US inflation data in focus

- Unrest in Middle East continues to impact oil prices as market players fear global supply disruptions

13.11.2024 Oil

Oil prices fall with demand concerns over China's insufficient stimulus plan

- Experts say China's latest stimulus plan falls short in meeting investor expectations, while market players question how new stimulus package will affect oil prices

12.11.2024 Oil

Oil prices fall as Beijing's latest stimulus disappoints investors

- Supply concerns ease as threat of disruption from Hurricane Rafael in US Gulf of Mexico subsides

11.11.2024 Oil

Türkiye denies claims of oil shipments to Israel

- 'Companies transporting oil through BTC pipeline for export to global markets...have respected Türkiye's recent decision not to engage in trade with Israel,' says country's Ministry of Energy

11.11.2024 Oil