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Saudi Crude Shipments Plummet to Pandemic-Era Levels
Bloomberg· 2 days agoKingdom seems to have ceded markets to Russia as the price to pay for keeping OPEC+ alliance together. Have a confidential tip for our reporters? Saudi...
Kelt Will Postpone Start-Up of New Natural Gas Wells to Q4 2024, Expects to Exit 2024 with...
Digital Journal· 2 days agoCalgary, Alberta--(Newsfile Corp. - July 5, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update and changes to its 2024 guidance. Due to the ...
Why U.S. Oil and Gas Production Is Slowing Down
Baystreet· 2 days agoSlowing drilling activity in the U.S. shale patch is capping oil production growth while natural gas output is down from year-ago levels amid above-average inventories and ...
Oil slips as Gaza ceasefire talks offset strong fundamentals
The Globe and Mail· 2 days agoOil prices edged down on Friday as the increasing prospect of a Gaza ceasefire outweighed strong...
Oil prices up 2% to two-month high on summer demand hopes, supply worries
StreetInsider· 2 days agoBrent futures rose $1.60, or 1.9%, to settle at $86.60 per barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.84, or 2.3%, to settle at $83.38. "The (energy) complex ...
Before the Bell: What every Canadian investor needs to know today
The Globe and Mail· 2 days agoGlobal stocks rose to record highs ahead of hotly anticipated North American jobs data and the...
Oil Headed for Weekly Gains on Summer Demand, Fed Rate-Cut Hopes
Barrons.com· 2 days agoOil prices were on track for weekly gains on signs of strong demand over the summer and hopes that...
WTI moves below $83.50 amid expectations of increased supply, US NFP awaited
The Forex Market· 2 days agoWTI price inches lower as recent data showed that OPEC increased production in June. Negotiations...
India’s Modi heads to Moscow for first visit since Ukraine invasion
Digital Journal· 2 days agoRussia is a key supplier of cut-price oil and weapons to India, but its isolation from the West and...
The Decline and Fall of the Petrodollar? | by Carla Norrlöf - Project Syndicate
Project Syndicate· 2 days agoCould changes to the longstanding “petrodollar” system undermine the greenback’s global dominance?...