"We retain our forecast that EUR/GBP is likely to edge to the 0.8150 level on a 12-month view." Spot gold rose marginally by 0.1% to $2,588.28 per ounce, while US gold futures edged 0.6% higher to $2, ...
Despite expectations of a Trump-driven surge in U.S. crude oil production, industry analysts predict a plateau for 2025, with ...
Oil prices remained under pressure this week as demand concerns continue to dominate the narrative in the oil market despite steep inventory draws.
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
The Canadian company pleaded guilty under the Environmental Protection Act in a provincial court on Sept. 16, a spokesperson said, for an occurrence on April 15, 2021, where nearly 1,150 litres (7.3 ...
Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...
This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last ...
The price of a barrel of crude oil has fallen 1.6% since the start of Monday, bringing the decline over the last two trading sessions to 4%. Pressures on the oil price include signals from the ...
Indian refiners significantly gained from the uptick in distillate spreads during the Russia-Ukraine war, which sent ...
SINGAPORE (Reuters) - Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks create uncertainty around supply, Russell Hardy, CEO ...
MUSCAT: Oman's oil exports reached 230.6 million barrels by the end of September 2024, accounting for 84.6% of the country’s total oil production of 272.4 million barrels. The average export price ...
In October, amid fears that conflict between Israel and Iran could lead to a disruption in oil supplies, prices for Brent crude, the international benchmark, briefly topped $80 a barrel.