Oil prices edge up after OPEC says market fundamentals are strong
A working oil pumpjack is pictured in Taft, Kern County, California on September 21, 2023. Frederic J. Brown | Afp…
Oil could hit record high of $157 if Israel-Hamas war escalates: World Bank
Picture taken on May 3, 2022 shows a general view of Slovakia’s largest mineral oil refinery Slovnaft in Bratislava, Slovakia.…
caution ahead of Fed meeting; Middle East tensions spike
In an aerial view, the Valero Houston refinery seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty…
IEA: ‘Unstoppable’ energy transition means demand for oil, gas, and coal to peak by 2030
London CNN — Global demand for oil, natural gas and coal — and the carbon pollution they generate — are…
The IMF sees greater chance of a ‘soft landing’ for the global economy
London CNN — The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without…
Oil experts expect knee jerk reaction in energy markets
EDITORS NOTE: Graphic content / TOPSHOT – A plume of smoke rises above buildings in Gaza City on October 7,…
Southeast Asia to be key drivers of LNG market by end of decade
Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images Southeast Asian countries are expected…
Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
CNN — Ukraine will soon face its second winter at war, and the bold campaigns of a year ago that…
WTI, Brent prices surge to highest level in more than a year
The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Oil prices…
Gas prices are unusually high. Here’s why you shouldn’t worry
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US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
CNN — The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to…
What’s going on with China’s shadow banking system?
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India importing Russian oil is win-win for global economy, says ONGC
Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation…
Labor Day weekend gas prices are near all-time highs
New York CNN — Drivers hitting the roads this Labor Day weekend will be greeted by historically high gas prices…
US intel: Ukraine war caused ‘one of the most disruptive periods’ for global food security
CNN — Russia’s invasion of Ukraine caused deep disruptions in the global food supply, raising prices and increasing the risk…
Hurricanes could drive gas prices, and inflation, higher
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India’s rice export ban could trigger a global food crisis
Harayana, India CNN — Satish Kumar sits in front of his submerged rice paddy in India’s Haryana state, looking despairingly…
Global food prices bounce following collapse of Black Sea grain deal
London CNN — Global food prices ticked up last month after Russia pulled out of a deal to allow the safe…
Thailand wants its farmers to plant less rice to save water
A farmer planting rice sprouts on her rice field in Nakhon Sawan province, north of Bangkok. Sopa Images | Lightrocket…
India demand for commodities could make up for China shortfall: ANZ
Rashtrapati Bhavan, the official residence of the President of India, in New Delhi. Kriangkrai Thitimakorn | Moment | Getty Images…
ExxonMobil earnings fell on sinking oil prices
New York CNN — ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving…
Shell and TotalEnergies profits cut in half by lower oil prices
London CNN — Shell and TotalEnergies have reported a steep drop in second-quarter profits, as oil and gas prices fell…
India’s rice export ban could send decade-high prices higher
Women planting rice seedlings in a paddy field in India’s northeastern state of Assam, July 5, 2023. Xinhua News Agency…
Black Sea Grain Initiative: Putin’s latest move will reverberate around the world
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India’s reliance on Russian oil may be ‘approaching a limit’
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s ability…
US Stocks Muted as Investors Analyze Chinese Data and Await Inflation Report
Last Updated: July 11, 2023, 01:31 IST New York, United States of America (USA) A street sign for Wall Street…
Premarket stocks: What the OPEC cuts mean for Putin and Russia
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What OPEC’s surprise oil cut means for US gas prices
New York CNN — OPEC and its allies’ surprise move to slash oil production will soon be felt at US…