After a brief respite, oil fell to a six-month low on Wednesday. This was after concerns over a possible global recession that could weaken demand outweighed a report showing lower
Recession fears lead to oil falling to a new six-month low
The week ended with oil prices at multi-month lows due to recession fears
On Friday, oil prices closed higher, recovering some of the losses from this week’s weak U.S. job growth data. However, they closed the week at their lowest level since February
PetroTal Corp. (AIM:PTAL) Q2 2022 Operations and Liquidity Update
Calgary, AB and Houston, TX – July 5, 2022-PetroTal Corp. (“PetroTal” or the “Company”) (TSX-V: TAL, AIM: PTAL and OTC: PTALF) is pleased to provide the following updates:
Caspian Sunrise plc (AIM:CASP) Operational and impact of Russian sanctions update
The Board of Caspian Sunrise PLC (“Caspian Sunrise” or the “Company”) is pleased to report the spudding of Deep Well 802 and to provide its assessment of the ongoing impact
Saudi Aramco, the oil giant, is now the most valuable company in the world, surpassing Apple
After a rise in shares of the oil producer, Saudi Aramco was able to surpass Apple as the world’s largest company. It is now worth more than $2.4 trillion.
Russia invades Ukraine: Stocks fall, oil rises to $100
After Russian President Vladimir Putin’s invasion of Ukraine, oil prices soared above $100 per barrel for the first time since 2014. Stock markets plummeted and the rouble fell to a
As Russia-Ukraine tensions remain high, oil prices recover their losses
On Wednesday, oil prices recovered losses as investors considered conflicting statements regarding the possible withdrawal from Ukraine of some Russian troops. This was despite tight global supplies and rising fuel
Oil at a seven-year high in Ukraine-Russia tensions
After hitting their highest level in seven years, oil prices were steady Monday in seesaw trading. This was despite fears that Russia’s invasion of Ukraine could result in sanctions from
Oil markets heading for their largest January gain in at least thirty years
The oil markets opened higher this week and are heading for their largest January gain in at least thirty years, as strong demand outpaced new supply.
Share Talk Weekly Energy Sector News Round-Up, 30th January 2022
U.S. energy companies added oil and natural gas drilling rigs for the record 18th consecutive month. This was after increasing the rig count this week in response to rising oil
Oil spikes to new 7-year highs due to supply worries to $91.25 per barrel
Petroleum prices hit seven-year highs Friday, as supply worries continue to rise due to geopolitical tensions.
