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Gulf Oil Investment Seen Resilient Despite Crude Price Slump
Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...
As Malaysian Oil Reserves Dwindle, Uganda Emerges as an Unlikely New Frontier
With Malaysia’s oil reserves rapidly depleting, Uganda, a lesser-known oil-producing nation in East Africa, may hold the key to securing future resources. Uganda, with...
Crude Oil Surrounded by Positive Pressures: Analysis for April 22, 2025
Crude oil has shown strong upside momentum in its recent intraday trading, after successfully retesting the key support level at $61.50. This formed a...
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Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions
Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal...
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Oil Markets Close for Good Friday, But Prices Rise Ahead of Holiday
Oil markets were closed on Good Friday, a holiday observed before Easter Sunday, but the benchmarks saw...
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Brent Crude Oil Prices Show Positive Momentum – Market Analysis for April 14, 2025
Brent crude oil (BRENT) prices experienced a slight dip in recent intraday trading, as the market attempts...
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Crude oil prices on fire again
Crude oil prices have surged to a three-month high, with Brent rising nearly $10 per barrel since the government slashed duties on petrol and...
Crude Oil Price Forecast – Crude Oil Markets Pull Back
WTI Crude Oil Technical AnalysisWest Texas Intermediate Crude Oil markets pulled back a bit during the trading session on Monday as the $120 level...
Crude Oil Prices Today：BRENT PRICE ON JUNE10TH 2022
Crude Oil Prices Today:The oil price for Brent crude oils in June was $126.41 per barrel while the price was $113.34 per barrel in...
Energy & Precious Metals – Weekly Review and Outlook
The U.S. job market isn’t giving up easily, meaning its ‘shadow’ — the oil market — won’t either. With neither slowing significantly, good luck...
Russian oil output faces long-term decline as Western firms exit, Chevron CEO says
Russia still has buyers for much of its oil despite sanctions but will face difficulty overcoming the loss of western technology and capital, as...
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?
OPEC+ to stick to oil rise plan despite EU sanctions -sources
DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...
Ukraine war, pandemic set to speed Europe’s green energy transition, report finds
BRUSSELS, June 2 (Reuters) - Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel...
Tight Asia capacity limits room for new LNG ships – Korea Shipbuilding exec
By Joyce Lee and Florence Tan SEOUL (Reuters) - Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2...
Oil Down, Investors Await OPEC+ Meeting
Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...
Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...