Fact check: Trump boasts about a massive oil purchase that never happened
Former President Donald Trump, now a candidate for the Republican presidential nomination, claimed in a television interview on Thursday that he not only purchased 75 million barrels of oil for the national Strategic Petroleum Reserve but did so for a remarkably low price.
2023-06-06 03:56
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:26
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:16
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:54
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:15
Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
By Florence Tan SINGAPORE A global shortfall in crude oil supply is set to deepen in the third
2023-06-05 10:59
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:52
Oil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ Meet
Oil advanced at the week’s open after Saudi Arabia said it will make an extra 1 million barrel-a-day
2023-06-05 06:56
Oil prices jump more than $2/bbl after Saudi pledges to cut more output
By Florence Tan SINGAPORE Oil prices jumped more than $2 a barrel in early Asian trade on Monday,
2023-06-05 06:47
Five Key Charts to Watch in Global Commodity Markets This Week
Gasoline consumption in the US continues to increase as the summer driving season gets underway. Elsewhere, stockpiles of
2023-06-05 05:17
Saudis Shoulder Burden of Stabilizing Oil Market With Extra Cuts
Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production
2023-06-05 03:20
OPEC+ meets to debate production quotas, new cut - sources
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA OPEC and its allies will meet on Sunday
2023-06-04 16:24