Author name: David Ryabchikov

Oil Updates – prices steady as investors assess OPEC+ output cut extension

Oil Updates – prices steady as investors assess OPEC+ output cut extension

RIYADH: Geopolitical and economic changes, safety, and emissions are in the spotlight at the 80th IATA Annual General Meeting and World Air Transport Summit that commenced in Dubai on June 2.  According to the International Air Transport Association, leaders from the global airline industry are attending the World Air Transport Summit scheduled to continue until […]

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WTI trades above $77.00 as OPEC+ agreed to extend its output cuts into 2025

WTI trades above $77.00 as OPEC+ agreed to extend its output cuts into 2025

WTI edges higher as OPEC+ continues its oil output cuts of 3.66 million barrels per day into 2025. Oil prices could face pressure as Fed officials suggested maintaining restrictive monetary policy for now. Israeli Prime Minister Benjamin Netanyahu’s administration accepted US President Joe Biden’s proposal for a Gaza cease-fire on Sunday. West Texas Intermediate (WTI

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‎Oil prices extend fall despite higher-than-expected inventory decline

‎Oil prices extend fall despite higher-than-expected inventory decline

Oil drilling rigs Oil prices extended their losses on Friday amid uncertain outlook for US monetary policy and a rise in US gasoline and distillate stocks despite a crude oil inventory fall. Brent crude futures for August delivery dropped 0.15% to $81.76 a barrel, at 8:20 Makkah time. Similarly, futures prices for US West Texas

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FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments

FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments

Tuesday 21 May 2024 4:53 am FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments Moving markets today: Asia’s markets retreat, oil slides, gold hovers near record highs, Australia’s BHP hits three-month peak, RBA weighs rate hike in May meeting; focus on Fedspeak, BOE’s Bailey  In the US, stocks

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Oil Prices Rise After Iran’s President Dies in Helicopter Crash

Oil Prices Rise After Iran’s President Dies in Helicopter Crash

Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – May 20, 2024, 1:24 AM CDT Crude oil prices began the week with a gain following the news that a helicopter with Iran’s president on board had crashed and both he and the country’s foreign minister died. According to a Reuters report from

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Higher Refining Costs Could Increase Summer Gasoline Prices

Higher Refining Costs Could Increase Summer Gasoline Prices

Published: May 17, 2024 by Michael Guta In Small Business News 0 Average monthly prices for regular-grade retail gasoline in the United States could rise by more than 10 cents per gallon if refinery output falls short of expectations. This is according to an analysis published on May 14 by the U.S. Energy Information Administration

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Meghan Markle was ‘gasoline on open flame’ for Prince Harry, royal expert says

Meghan Markle was ‘gasoline on open flame’ for Prince Harry, royal expert says

Express. Home of the Daily and Sunday Express. HOME News Politics Royal Showbiz & TV Sport Comment Finance Travel Life & Style UK World Politics Royal US Weather Science History Weird Nature Sunday InYourArea A royal expert has said that Meghan Markle is “gasoline on an open flame” for Prince Harry. By Grace Piercy ,

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Oil executives expect sustained period of strong crude prices, survey shows

Oil executives expect sustained period of strong crude prices, survey shows

Author of the article: The Canadian Press Amanda Stephenson Published May 09, 2024  •  Last updated 1 hour ago  •  2 minute read A new survey shows nine out of ten Canadian energy sector executives believe oil prices will remain strong for the next three to five years. Pumpjacks draw out oil and gas from wells

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