BAE Systems and Endeavour Mining today led a robust FTSE 100 index after the turmoil in Venezuela fuelled a fresh advance for ...
Oil prices surged on fears of Iranian supply disruptions but reversed sharply after President Trump eased geopolitical ...
Oil surges on Iran supply fears and silver hits a record high. Steady US inflation data supports a Fed interest rate cut ...
The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp ...
There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.
LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...
5 days Venezuela’s Oil in Floating Storage Soars to 29 Million Barrels 5 days Venezuela Fuel Oil Flows to U.S. Pushes Asian Premium to 8-Month High The latest survey by the Federal Reserve Bank of ...
Let’s be honest: The oil market has always been wrong about long-term prices. Unsurprisingly, it’s currently wrong in anticipating that a barrel of crude will cost around $60 by 2030, close to current ...
Right now, things are not going good for the oil patch. In the past, I had been bullish on the sector. Sometimes, this bullishness was premature. But I always argue that, in the long run, a price for ...
The Energy Select Sector SPDR Fund ETF (XLE) has sharply decoupled from oil prices, becoming extremely overvalued relative to the commodity. XLE's valuation has soared as sales and margins have ...