On Monday, the standard oil price remained steady, maintaining its position above $90 a barrel, a level not seen in the last 10 months. This surge was influenced by recent
On Monday, the standard oil price remained steady, maintaining its position above $90 a barrel, a level not seen in the last 10 months. This surge was influenced by recent
European gas prices have surged as employees at two prominent Chevron sites in Australia initiated limited strikes following unsuccessful negotiations.
Chevron’s LNG production in Australia may face interruptions as a recent worker vote approved union-led industrial action if required.
The premier operator in the North Sea shifted from nearly a $1bn profit to an $8m deficit after the introduction of the government’s windfall tax, and a subsequent reduction in
Analysts from UBS do not anticipate the recent dip in crude oil prices to continue, as they revealed on Thursday. They argue that the current market trends are obscuring a
European gas prices have soared by 18% due to the potential for strike action by workers in Australia, which could cause significant disruptions to global supplies.
Oil prices climbed on Friday, driven by the International Energy Agency’s predictions of unparalleled global demand and shrinking supplies. This surge marked the seventh consecutive week of price gains, the
Amid strong consumption in China and other regions, global oil demand has reached an unprecedented level, potentially driving up prices, as per the International Energy Agency (IEA).
Amid concerns about oil supplies navigating the Black Sea, oil prices soared to their peak in almost nine months.
European natural gas prices are seeing a reduction due to the continually growing fuel reserves.
Goldman Sachs (NYSE: GS) has updated its analysis, reducing the odds of a US recession happening in the next year from 25% to 20%. This figure is still a bit