Culture
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China…
Tag
Oil
Culture
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for…
Culture
Singapore-based Interra Resources denies allegations that it’s ‘fuelling war crimes’ in Myanmar by supplying oil
OIL and gas exploration and production company Interra Resources on Thursday (Feb 7) denied a report that alleged it is supplying the…
Fashion
China tariffs on US oil come as exports have slumped from peak
THE first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to…
Culture
Opec+ rolls over oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday (Feb 3) and removed the US government’s Energy…
Culture
Trump's oil tariffs a boost for European and Asian refiners
US President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive…
Culture
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico,…
News
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Oil and gas companies in the United States are bracing for the possibility that President Trump will thrust their businesses into disarray…
Lifestyle
A new Syrian government struggles to reset its corrupt, besieged economy
ALEPPO, Syria — To understand the shakedown empire that was once Syria under former President Bashar Assad, consider the notorious…
News
Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until…
Culture
IEA comes under pressure from former oil market chief to cut energy transition focus
THE International Energy Agency’s (IEA) former oil industry and market chief criticised the agency’s focus on the global energy transition…
News
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t…
Fashion
Oil prices settle pennies higher, down for week as Trump touts energy policy - The Business Times
Oil prices settled slightly higher on Friday (Jan 24) but posted a weekly decline, ending four straight weeks of gains, after US President…
News
Chevron to Increase Output at Huge Oil Field in Kazakhstan
Chevron said Friday that it had completed an expansion at its Tengiz oil field in Kazakhstan intended to increase production this year to…
Culture
Asian oil refiners mull run cuts, closures as crude costs soar - The Business Times
A SURGE in the cost of physical crude cargoes as China and India rush to replace Russian flows is prompting refiners in other parts of…
Culture
Maybank says CSE Global to get a boost as Trump declares a pivot back to oil and gas - The Business Times
US president Donald Trump’s declaration of a national energy emergency aimed at boosting oil and gas (O&G) production in the US is set to…
Lifestyle
Column: His first day back in office confirms it — there is no Trump 2.0
WASHINGTON — President Trump promised an inaugural address focused on “unity,” but what he delivered was more a campaign speech in a…
News
Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy…
Lifestyle
Supreme Court denies oil industry plea to block climate lawsuits filed by California, other blue states
WASHINGTON — The Supreme Court dealt a major setback to the oil industry on Monday, refusing to block lawsuits from California and other…
Fashion
Top Asian oil buyers in turmoil after sweeping Russian sanctions
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the US’s…
Fashion
Top Asian oil buyers in turmoil after sweeping US sanctions on Russia’s oil industry
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the…
Business
Russia forms an emergency task force as Kerch Strait oil spill continues to spread
An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two…
Fashion
Oil rises as Russia sanctions bolster crude’s hot start to 2025
Oil settled at a three-month high as the US ratcheted up sanctions against Russia, adding to a run of bullish developments that have…
Business
Disabled oil tanker adrift in Baltic Sea towed to Sassnitz
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to the city…