Browsing: Interest Rates Impact on Oil

(BOE Report)– Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil,…

(World Oil)– The U.S. sees domestic crude output growth slowing more than expected this year as choppy oil prices limit…

(Oil Price)– Crude oil prices took a dip today after hitting a two-week high earlier, as traders awaited updates on…

(World Oil)– bp Plc and Shell Plc signed agreements with Libya’s National Oil Corp (NOC) to study new opportunities, joining…

(Oil Price)– Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data…

(World Oil)– ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a…

(BOE Report)– The U.S. Interior Department on Monday proposed rule changes to allow energy companies to more easily combine oil…

(BOE Report) – Oil prices retreated on Tuesday after rising almost 2% in the previous session as investors assessed new…

(World Oil)– Valaris Limited has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and…

(Investing) – U.S. power outages could increase by 100 times in five years if suppliers fail to add capacity during peak…