European Gas Prices Tumble as Mild Weather Offsets Supply Risks
European natural gas tumbled as a mild weather forecast for October overshadowed supply risks. Day-ahead prices dropped more
2023-10-03 01:23
Oil Latest: Halliburton CEO Sees Market Tightening Further
Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude
2023-10-02 14:48
Ex-SoftBank Executive Sets Up Stablecoin to Dodge High Inflation
Akshay Naheta, a former SoftBank Group Corp. executive who steered some of the firm’s biggest deals, is launching
2023-10-02 10:55
Oil Edges Higher on Outlook for Global Deficit in Final Quarter
Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is
2023-10-02 08:51
Saudi Wealth Fund Said to Hit Weak Demand for Marafiq Stake Sale
Saudi Arabia’s sovereign wealth fund delayed the potential sale of its remaining stake in a local utility firm
2023-10-01 22:49
UAE Oil Giant Doubles Carbon Capture Target Ahead of COP Summit
The United Arab Emirates’ biggest oil producer is doubling its carbon-capture target as the company works toward a
2023-10-01 18:59
Saudi Arabia Projects a $21 Billion Deficit in 2024
Saudi Arabia has rewritten its budget forecast for next year, saying it expects a deficit instead of a
2023-10-01 17:46
Climate Looms Large Over Middle East’s Biggest Oil Gathering
At the biggest Middle Eastern energy conference this week, oil won’t be top of the agenda. Ministers and
2023-10-01 14:28
A Shutdown Poses Political Risks Across the Washington Spectrum
A government shutdown is likely to inflict widespread political damage in Washington, but congressional Republicans could get the
2023-09-30 20:52
Oil Edges Higher After Technical Resistance Stalled Fierce Rally
Oil edged higher after dropping the most in eight weeks on technical resistance and speculation Saudi Arabia will
2023-09-29 11:27
Oil Rally Gets Fresh Impetus From Shrinking Stockpiles at US Hub
Oil was propelled closer to the $100-a-barrel mark after stockpiles at the major US storage hub dropped to
2023-09-28 08:52
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:47