Oil prices down amid expectations of Opec+ supply boost
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No oil found in engine
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Voters in Suriname, which is on the cusp of a predicted oil boom, will go to the polls on Sunday to elect a new parliament, which will later choose the South American country's next president.
U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released by the EIA.
Wastewater disposal in the Permian Basin is boosting pressure underground, threatening to hinder oil production
Oil prices slipped on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth. Brent futures fell 66 cents,
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A substantial drop in the spot market price for Emirati Murban crude oil has led to a surge in demand from Asian buyers, with a record trade of 10 million barrels reported.
OIL’s fourth-quarter results reflected pressure from lower crude prices and operational margins. Q4 FY25 net profit dropped 22% to Rs 1,591.48 crore from Rs 2,028.83 crore in the same period last year.
Massive oil and gas reserves identified across southwest Wyoming are being called out this week by federal officials as “substantial.” It has
Sol de Janeiro is releasing a limited edition GlowMotions Glow Oil in the shade Carnaval Queen, with the brand stating it’ll give users a, “sunkissed rose gold glow, leaving skin feeling touchably soft, never greasy.” And there’s only one place you’ll find it online right now!
Why does a car seem to run better after an oil change? “The cleaner the fluid, the better it is. It cleans, protects, keeps the vehicle going a lot longer.”
The answer is sovereign wealth funds, and one of the biggest places they’re investing in is global sports. Bloomberg Originals has the story.
European shares have opened higher and Asian stocks were mixed as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt.