Aramco Profit Tops Estimates After War-Driven Oil Price Rise
Saudi Aramco reported first-quarter profit that surpassed analysts’ expectations following a war-induced rise in prices of oil and refined fuels.…
Tag: Oil
Anwar to Outline Malaysia Oil Supply Continuity Plan: Bernama
Malaysian Prime Minister Anwar Ibrahim will unveil a plan soon to shore up the country’s oil supply as uncertainties stemming…
Geopolitical risks, oil shock cited as top worries in Fed financial stability report
By Pete Schroeder WASHINGTON, May 8 (Reuters) – The ongoing war with Iran and its shock to oil prices and…
Satellite images show likely oil slick off Iran’s Kharg Island | Environment
NewsFeed Satellite images have captured a suspected oil slick spanning dozens of square kilometres near Iran’s Kharg Island, the country’s…
Crude Oil Prices Edge Higher on Heightened Middle East Tensions
June WTI crude oil (CLM26) on Friday closed up +0.61 (+0.64%), and June RBOB gasoline (RBM26) closed up +0.0707 (+2.05%).…
Small US Trader Moves Into Commodity Giants Vitol, Trafigura’s Venezuela Oil Turf
George E. Warren LLC, a US oil trading firm based in Florida, broke into Venezuela oil trading, a market that…
Shell CEO sends blunt message on oil and the economy
The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of…
Indonesia’s EV Transition Not Just to Cut Emissions, More So to Cut Oil Dependence, Study Says
Support CleanTechnica’s work through a Substack subscription or on Stripe. For decades, Indonesia built its economic and social stability around…
DOJ Probing Suspicious Oil Trades Tied To Iran War
Chair of the SEC and CFTC Gary Gensler joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss…
Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
Wall Street is glomming on to yet another acronym inspired in part by Mexican cuisine. www.marketwatch.com #Introducing #NACHO #trade #Wall…