Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
What next for oil prices as US stockpiles slip and hope of China rebound rises August 2, 2023 Oil markets are benefitting from robust demand, with trading on both major benchmarks at a near four month-high.
Oil prices rally due to revived hopes of Chinese demand amid Opec cuts July 30, 2023 Oil prices have recorded five straight weeks of gains with investors seemingly convinced markets will tighten.
Equinor unveils steep drop in profits as fossil fuel prices fall July 26, 2023 Equinor's profits have tumbled in line with falling oil and gas prices, signalling an expected industry-wide decline in earnings.
Oil markets consolidate July’s gains as China prepares stimulus measures July 24, 2023 Oil prices remain above $80 per barrel, with predictions of stimulus measures in China underpinning both major benchmarks.
OnlyFans to ‘OilyFans’: Billboards show BP chief topless after earning £10m July 21, 2023 A set of billboards for the adult site OnlyFans has been rebranded by environmental activists to show the chief executive of BP shirtless. Following complaints to the Advertising Standards Authority (ASA), Global Witness bought out three advertising slots around London to comment on the pay package of Bernard Looney, whose earnings went from £4.5 million [...]
Oil prices slide as weak economy data in China fuels demand concerns July 17, 2023 Oil prices have dipped after sluggish growth figures from China renewed concerns about demand in the second half of the year.
Oil rises above $80 per barrel for first time since April as IEA predicts record demand July 13, 2023 Oil prices are hovering above $80 per barrel for the first time since April, with the International Energy Agency predicting record demand growth.
Oil markets await US inflation data as IEA maintains tight supply predictions July 12, 2023 Oil prices are flat in this morning trading session, as investors await the latest US inflation data for signs of future rate-hikes.