In his weekly report released Sunday, energy economist Philip Verleger noted that diesel weakness is becoming more structural ...
WTI crude prices decline as OPEC keeps its demand forecast unchanged, while analysts and traders surveyed by Dow Jones Newswires forecast an 1.1 million barrels reduction in U.S. oil inventories.
Monty Rakusen/DigitalVision via Getty Images As markets look ahead to OPEC+ meeting in early June where the producer group is expected to extend the ...
Oil futures ended lower on Friday, but U.S. and global benchmark prices made only modest moves for the week as traders ...
Welcome to the Trading Day blog for Friday, May 17. ASX 200 to fall. Lendlease in focus. US retailer Walmart’s strong ...
Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy ...
Indeed, Joe Biden also seems to have a knack for the oil trade. Two years ago his administration initiated the largest ever sell-off from America’s Strategic Petroleum Reserve ( SPR ), an emergency ...
RWE , Germany's largest electricity producer, on Wednesday said its first-quarter core profit fell by more than a quarter, ...