Brent futures settled 54 cents lower at $78.56 a barrel. US West Texas Intermediate crude fell…
Tag: OPEC countries
Oil jumps over 2% to hit 1-month high on Red Sea attacks, US rate cut hopes
The rally – in thin trade with some markets closed for public holidays, added to last…
Oil prices up $1 as Red Sea tensions lead to supply disruptions; Brent at $80
Brent crude futures were up 60 cents, or 0.8 per cent, at $79.83 a barrel, while…
ExxonMobil nears $60 billion deal to buy Pioneer, become top US oil producer
US natural gas company ExxonMobil Corporation is nearing a $60 billion deal to buy shale-focused Pioneer…
Higher oil prices could hurt global energy transition: Hardeep Puri
Petroleum Minister Hardeep Puri has said volatility in oil prices may affect the energy transition. Petroleum…