Tag: energy
Wood Mackenzie Warns of Oil Industry Uncertainty and Price Volatility Amid Tariffs
Jennifer -
The oil industry faces significant uncertainty and potential price swings as global market disruptions, including tariffs, continue to disrupt upstream production, investment, and supply...
European Stocks Slip Amid Search for New Market Drivers; U.K. Economy Posts Unexpected Growth
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European equity markets edged lower on Thursday as investors sought fresh catalysts following the initial surge sparked by the U.S.-China trade deal, which now...
Global Oil Output Hits Record High in April Despite Dip in Crude Production
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Global oil production surged to a new all-time high in April, driven by increased output of non-crude liquids, according to preliminary data from Energy...
Oil Prices Climb 3% on U.S.-UK Trade Deal and Hopes for Progress with China
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Oil prices surged on Thursday, buoyed by renewed optimism over global trade prospects after U.S. President Donald Trump announced a new trade framework with...
Gulf Oil Investment Seen Resilient Despite Crude Price Slump
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Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...
Investor Concerns Mount as Slumping Oil Prices Threaten Big Oil Buybacks
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Investors are bracing for potential cutbacks in share repurchase programs and other capital returns as falling oil prices put pressure on cash flows at...
As Malaysian Oil Reserves Dwindle, Uganda Emerges as an Unlikely New Frontier
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With Malaysia’s oil reserves rapidly depleting, Uganda, a lesser-known oil-producing nation in East Africa, may hold the key to securing future resources. Uganda, with...
Seaborne Oil Exports from Iran to China Hit Record Levels
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China's oil imports have surged, with Iranian seaborne oil exports reaching a record level in March. According to tanker tracking consultancy Vortexa, Chinese imports...
Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions
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Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal between the United States and the European...
Foresight Group-Backed Funds to Acquire Harmony Energy in $278 Million Deal
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Two funds managed by UK-based investment manager Foresight Group LLP announced on Wednesday that they have agreed to acquire Harmony Energy Income Trust (LSE:...
Asian Stocks Subdued Amid Economic Concerns, Yen Softens as BOJ Holds Rates
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Asian stock markets were relatively subdued on Wednesday as economic concerns and shifting geopolitical tensions weighed on investor sentiment. Gold, a safe-haven asset, hovered...
Does Gasoline Evaporate Quickly?
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Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...