Crude Oil Prices Under Pressure as Israel, Hamas See Progress Toward Ceasefire, ANZ Bank Says
Crude Oil Prices Under Pressure as Israel, Hamas See Progress Toward Ceasefire, ANZ Bank Says
Upstream players like EOG, COP and FANG are embracing the strategy of production expansion to benefit from potentially profitable crude prices.
Devon's dividend policy gives investors a way to capitalize on elevated oil prices.
Oil Rig Count Rises by One This Week, Baker Hughes Says
Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.
(Bloomberg) -- Nigeria’s new Dangote mega refinery near Lagos is seeking to buy millions of barrels of US crude over the next year as it ramps up processing rates, a sign of the challenges that Africa’s largest producer faces in lifting its own oil output.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyJamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Putin and Xi Vow to Step Up Fight to Counter US ‘Containment’With a BlackRock CEO, $9 Trillion Vangu
Find insights on wildfires in Alberta, SilverBow Resources , Crescent Energy, and more in the latest Market Talks covering Energy and Utilities.
Oil prices were rising, with Brent set to finish the week up on positive economic data and a fall in inventories. Brent crude was up 0.4% at $83.61 a barrel, while WTI rose 0.3% to $79.44 a barrel. Positive sentiment toward oil is being supported by the second consecutive weekly fall in U.S. crude oil stockpiles, while signs of slowing inflation added to the bullish mood, ANZ Research analysts said in a note.
A monthly check for $4,873 might sound great, but it might not be everything it's cracked up to be.
Bill Gates sold off a sizeable chunk of his portfolio last quarter, which could be seen as another bearish signal for the stock market and a move that mirrors Warren Buffett's recent decisions. Gates has reduced his position by an estimated $1.7 ...
The billionaire hedge fund legend has set his sights on a new investment