Mining boss calls for price support to challenge China’s critical minerals dominance
Sibanye-Stillwater chief executive says suppliers to western nations need ‘level playing field’
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Mexico Keeps Up Oil and Fuel Shipments to Crisis-Stricken Cuba
Mexico’s state-owned oil company is throwing Cuba a much-needed lifeline as the Caribbean island struggles to keep its power grid operational amid its worst economic crisis since the collapse of the ...
OPEC+ to boost oil production even more than expected in August
The Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to ...
Oil slips 1% after OPEC+ accelerates output hikes
Oil prices slipped 1% at the start of trading on Monday after OPEC+ accelerated output hikes and raised concerns about oversupply.
Oil prices fall as OPEC+ to boost production even more than expected in August
Oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
Oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as ...
Oil tumbles as OPEC+ hikes August output more than expected
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, raising concerns about oversupply. Brent crude futures fell 80 cents, or 1.2%, to ...
Oil Falls on Larger-Than-Expected Output Increase by OPEC+
Oil falls in the early Asian session on the larger-than-expected output increase by OPEC+. The group announced on Saturday that it will raise production by 548,000 barrels a day in August. The planned ...
Opec+ plans to boost oil output in bid to win back market share
Latest in a series of production increases is likely to put downward pressure on Brent crude price
Trump Promises Federal Help for Flooding TX, OPEC+ Production Increase, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
Countries Ramp Up Trade Talks, OPEC+ Hikes Oil Production, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
The natural gas trap
Switching to gas reduces emissions in the short term but increases them in the long run
How One Oil Trader Is Riding Out a Market on Edge - The Wall Street Journal
How One Oil Trader Is Riding Out a Market on Edge. By. David Uberti, Reporter. Charlie Macnamara jokes that mounting tension in the oil market has left him losing weight.
Most Gulf markets gain after OPEC+ output boost, eye US tariff deadline
Most Gulf stock markets ended higher on Sunday as investors looked ahead to U.S. tariff decisions due later this week and took stock of OPEC+'s move to raise oil production output next month.
Collapsed Prax Group owes up to £250mn in taxes after insolvency
Lindsey oil refinery’s owner faced liquidly issues for several years leading up to its unravelling
Collapsed owner of Lindsey oil refinery owes up to £250mn in taxes
Prax Group faced liquidity issues for several years leading up to its unravelling
Britain's Lindsey oil refinery has enough crude to run for a few weeks, consultancy Woodmac says
Britain's insolvent Lindsey oil refinery faces shutdown within three weeks with the current 1.8 million barrels of crude it has in storage, consultancy Wood Mackenzie told Reuters on Friday. "However, ...
Canada awaits private sector move on Pacific crude pipeline, minister says
Canada's federal government has not been presented with any private sector proposal to build a new crude pipeline to the Pacific coast, the country's Natural Resources Minister Tim Hodgson said on ...
Trump Signs Tax and Spending Bill, OPEC Will Increase Production, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
EU to stockpile critical minerals due to war risk
Strategy part of efforts to improve bloc’s resilience to conflict and climate change
How to diversify your portfolio in an uncertain 2025
Wealth managers face tough decisions as Donald Trump’s unpredictability rattles the markets
OPEC+ set to further speed up output hikes, sources say
OPEC+ will likely agree to further accelerate oil output increases on Saturday at its first meeting since oil prices jumped, and then retreated, following Israeli and U.S. attacks on Iran.The group, ...
OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output ...
Brussels to stockpile critical minerals because of war risk
Strategy part of efforts to improve bloc’s resilience to conflict and climate change
OPEC+ members agree larger-than-expected oil production hike in August
Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels per day rate.
OPEC+ Boosts Production More than Expected, Israeli-Hamas Ceasefire, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
OPEC+ members agree to larger-than-expected oil production hike in August
Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels per day rate.
Russia says low global oil stockpiles prompted OPEC+ to hike output
Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to raise production by 548,000 barrels per day in August at the group's meeting on Saturday, the Russian government ...
OPEC+ Production Hike, Hamas Says Yes to Ceasefire Talks, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
OPEC+ may further accelerate oil output hikes on Saturday, sources say
The acceleration of the output hikes came after some OPEC+ members produced far more than their targets, angering other members.
OPEC+ Will Boost Supply Even Faster With Larger August Hike
OPEC+ has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.
Sentiment sours in the US oil patch amid low crude prices
Dallas Fed survey shows energy executives facing tougher business conditions
Oil prices ease on US tariff worries and expected OPEC+ output boost
Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply boost by major producers. Brent crude futures fell 63 ...
Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost
Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply boost by major producers. Brent crude futures fell 56 ...
US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely ...
Oil Futures Lose Ground in Choppy Pre-Holiday Trade
Oil futures declined ahead of this weekend’s OPEC+ meeting, where members are expected to agree to another 411,000 barrels a day of output cuts.
Alberta Oil Production Falls to Lowest in Two Years
Alberta’s oil production fell to the lowest in two years in May as wildfires and maintenance work crimped oil sands output.
Energy Declines on OPEC+ Trepidation - Energy Roundup
Shares of energy companies was more or less flat as oil futures fell ahead of an OPEC+ meeting in Vienna. The cartel is almost certain to increase production caps. The price of oil has been under ...
Russia becomes first country to recognise Afghanistan’s Taliban government
Moscow aims to co-operate in fields such as energy, transport, agriculture and infrastructure with Islamist regime in Kabul ...
Ecuador's state oil company Petroecuador declares force majeure on its operations
Ecuadorean state oil company Petroecuador declared force majeure on all operations, including crude exports, after two key pipelines suspended pumping, the firm's head said on Thursday.
Oil prices ease on US tariff uncertainty ahead of expected Opec+ output boost
NEW YORK] Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Read more at The Business Times ...
Oil prices steady on solid job market, tariff uncertainty
Oil prices were little changed on Friday as a solid job market bolstered the case for the U.S. Federal Reserve keeping interest rates on hold, with investors also awaiting clarity on President Donald ...
Oil Edges Higher After U.S. Takes Measures to Curb Trade of Iranian Oil
Oil edged higher in the early morning Asian session after the U.S. took measures to curb the trade of Iranian oil.
Too big too fast: how $10bn UK energy challenger Prax unravelled
Collapse of Lindsey refinery owner is a cautionary tale of a company lacking financial heft to manage its sprawling operations
China could give luxury titans a run for their money
Local jewellers chip away at European dominance in domestic market as consumers move towards homegrown products
Brazil’s UN climate summit chief defends Petrobras oil expansion
Transition away from fossil fuels will incorporate ‘some years’ using oil, Corrêa do Lago says
Oil falls as Iran affirms commitment to nuclear treaty
Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend. Brent crude ...