What Is OPEC And Why Do Its Decisions Matter? OPEC’s exports account for nearly 50% of all the world’s crude exports, and the organization and its allies hold almost 80% of the world’s oil reserves.
Oil Prices Pare Losses After Putin Warns Europe About War Benchmark Brent oil prices fell 0.4% to $62.92 per barrel, while WTI crude prices fell 21 cents to $59.12 per barrel, at the time of writing.
Exxon In Talks To Acquire Lukoil’s Giant Iraq Oilfield Stake As Sanctions Force Russian Firm's Exit: Report Lukoil is looking to offload its international assets after the U.S. imposed sanctions on the Russian firm, as per a Reuters report.
Why Are Oil Prices Rising Today? Benchmark Brent oil prices gained 1.8% to $63.50 per barrel, while WTI crude prices rose 1.9% to $59.64 per barrel, at the time of writing.
Chevron Weighs Acquisition Of Select Lukoil Assets After US Opens Door To Deal Talks: Report According to a Reuters report, rather than seeking Lukoil’s entire global asset base, Chevron is considering only the operations that overlap with its existing business.
Oil Prices Gain After Ukrainian Attack On Russian Oil Depot — Goldman Sachs Grows More Bullish On Long-Term Demand Brent crude prices rose 1.4% to $63.90 per barrel at the time of writing, while West Texas Intermediate crude prices gained 90 cents, closing in on $60 per barrel.
Shutdown Progress Sends Oil Higher—Are Energy ETFs Finally Staging A Real Comeback? Oil ETFs inch up as optimism over a U.S. government reopening and Russian export disruptions lift crude prices and investor confidence.
Buffett Sells Stocks – Here Is What Prudent Investors Should Do Now; OPEC+ Changes Stance Buffett Sells Stocks Please click here for a chart of Warren Buffett’s company Berkshire Hathaway Inc Class B (NYSE:
BP To Sell Stakes In US Assets For $1.5B In Cost-Cutting Drive The London-listed firm said that its assets include midstream facilities in the Eagle Ford and Permian basins, including four central processing facilities in the Permian Basin.
Oil Prices Gain After OPEC+ Pauses Output Hike — Analyst Says Focus Shifts To Price Stability Benchmark Brent crude prices rose 0.8% to $65.26 per barrel, while U.S. West Texas Intermediate crude prices gained 39 cents to $61.37.
Oil ETFs Are Popping On Trump's Sanctions, Just Don't Call It A Comeback Yet Oil ETFs jumped after Trump's new sanctions on Russian oil giants Rosneft and Lukoil, but the rally might fade fast.
Crude Oil Rallies After US Sanctions Major Russian Oil Producers At the time of writing, U.S. West Texas Intermediate (WTI) crude futures maturing in December were up 5%, rising to $61.45 per barrel.
Oil Collapsed Against Gold Like It's 2008 — But This Time, The Story's Different Oil prices are on track to post their second-worst year relative to gold in history — only behind the 2008 financial crisis.
