US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions
US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make it through Congress and on reports of tensions between Saudi Arabia and Russia ahead of a key OPEC+ meeting.
2023-05-31 03:20
Mercuria Enters Suez Canal Refueling as Egypt Opens Market
Mercuria Energy Group’s ship-fueling business Minerva Bunkering started deliveries in Egypt, becoming the first international service to enter
2023-05-30 20:25
Saudi Flour Milling Company’s IPO Pulls in $18 Billion of Orders
Saudi Arabia’s First Milling Co. set the price for its initial public offering at the top of the
2023-05-30 17:58
Oil falls on US debt deal struggles, OPEC+ talks uncertainty
By Yuka Obayashi and Muyu Xu TOKYO Oil fell on Tuesday, giving up earlier gains, as concerns about
2023-05-30 14:51
Oil Fluctuates as Traders Monitor Progress on US Debt Ceiling
Brent oil fluctuated as investors watched for progress on lobbying to win approval for a US debt-ceiling deal
2023-05-30 11:56
Namibia Considers Taking Stakes in Mining and Petroleum Companies
Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership
2023-05-30 10:30
Trinidad and Tobago nears awards for onshore oil and gas exploration
By Curtis Williams (Reuters) -The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas
2023-05-30 05:19
Citigroup Says Rupee Is Set to Rebound From Near Record Low
India’s rupee is set to bounce back from near an all-time low as the central bank slows its
2023-05-29 13:46
It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation
2023-05-29 11:52
Manchin Gets Mountain Valley Pipeline Deal Into Debt Bill
Democratic Senator Joe Manchin slipped into the debt-limit deal a measure meant to accelerate a multi-billion-dollar natural gas
2023-05-29 08:46
Oil climbs after US leaders strike provisional debt deal
By Florence Tan SINGAPORE Oil prices rose in early Asian trade on Monday after U.S. leaders reached a
2023-05-29 07:57
Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:55