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globe investor
Oil traders ignore dwindling stocks to focus on economy
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo
energy and resources
Oil settles up for third straight day on U.S. job data and Mideast tensions
FILE - A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Oct. 12, 2021. A large 5.1 magnitude earthquake hit West Texas on Friday, July 26, 2024. The U.S. Geological Survey said it’s highly likely the quake was caused by oil and gas activity. (AP Photo/David Goldman, File)
energy and resources
Suncor tracking ahead of its production forecast at midpoint of year
FILE PHOTO: Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019. REUTERS/Candace Elliott/File Photo
energy and resources
U.S. crude inventories fall, fuel builds as demand weakens: EIA
FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
energy and resources
Oil falls as global equities selloff offsets rising Middle East tensions
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
energy and resources
Oil prices up but on course for fourth weekly fall amid demand concerns
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
energy and resources
Oil edges higher on upbeat U.S. economic data
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
energy and resources
Oil prices finish higher as U.S. oil, fuel inventories ease
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
energy and resources
Oil prices fall 2 per cent to six-week low on ceasefire talks, demand concerns
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
energy and resources
Oil settles at one-month low on Gaza ceasefire hopes
FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo
energy and resources
OPEC+ unlikely to change oil output policy at Aug. 1 ministerial meeting, sources say
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. According to state news agency Angop, the African nation’s oil minister said Thursday that Angola “does not gain anything by remaining in the organization.” (AP Photo/Lisa Leutner, File)
energy and resources
Oil prices rise as U.S. rate-cut hopes outweigh economic slowdown signals
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo/File Photo
energy and resources
Oil prices edge down on concerns about Chinese demand
A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Tuesday, Oct. 12, 2021. The federal Liberals will finally provide details on their long-promised oil and gas emissions cap today.THE CANADIAN PRESS/AP, David Goldman
energy and resources
Oil prices ease on demand concerns in China
An array of pumpjacks operate near the site of a new oil and gas well being drilled Friday, April 8, 2022 in Midland, Texas. Exxon Mobil Corp. is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. (Eli Hartman/Odessa American via AP, File)
energy and resources
Oil prices settle down after data shows weaker U.S. consumer sentiment
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo
report on business
Trading houses lure top talent from BP, Shell
FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
report on business
IEA sees oil demand growth slowing as China’s share ebbs
FILE PHOTO: A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
energy and resources
BP shares dip after warning weak refining margins will hit second-quarter profits
FILE PHOTO: A BP logo is seen on a petrol station in London November 2, 2010. REUTERS/Suzanne Plunkett/File Photo
energy and resources
Oil prices slip after U.S. crude hub escapes serious storm damage
Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. REUTERS/Stringer
energy and resources
Oil prices down on concerns Hurricane Beryl could hit U.S. demand
FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. (AP Photo/Jae C. Hong, File)
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