oil-and-gas
Top StoriesOil Prices Steady as Inflation Worries Limit Summer Demand Optimism
Top StoriesOil Eases as Strong Dollar Weighs on Commodities Markets
Top StoriesOil Slips on US Growth Worries, Ample Crude Supply
Top StoriesOil Climbs on Optimistic Demand Outlook
Gulf Coast Western Joint Ventures: A Review of Tax Advantages for Qualified Investors
Date: June 6, 2024
Gulf Coast Western Joint Ventures: A Review of Tax Advantages for Qualified Investors The oil and gas sector routinely garners rave reviews from savvy financial advisers whose clients are looking for smart strategies to grow their wealth. However, thinking outside the traditional stock market investment box isn’t always easy. Granted, the intricacies of an unfamiliar...
Oil Comes Off Four-Month Low as US Jobs Data Fuels Rate Cut Bets
Date: June 5, 2024
Oil comes off four-month low as US jobs data fuels rate cut bets By Deep Kaushik Vakil and Ahmad Ghaddar LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case for a September cut to interest rates while markets weighed OPEC+...
Oil Near 4-mth Low After Opec+ Supply Plan, US Stock Build
Date: June 5, 2024
Oil near 4-mth low after OPEC+ supply plan, US stock build By Florence Tan SINGAPORE (Reuters) -Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decision to boost supply later this year and following an increase in U.S. crude and refined products stocks. Brent crude futures were up 1...
Oil Drops More Than $1 as Opec+ Decision Spotlights Shaky Demand
Date: June 4, 2024
Oil drops more than $1 as OPEC+ decision spotlights shaky demand By Paul Carsten LONDON (Reuters) -Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low in...
Opec+ Extends Deep Oil Production Cuts Into 2025
Date: June 3, 2024
OPEC+ extends deep oil production cuts into 2025 By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S....
Oil Set for Weekly Loss Ahead of Opec+ Meeting
Date: May 31, 2024
Oil set for weekly loss ahead of OPEC+ meeting By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group’s output cuts. Brent futures for July delivery were down 32 cents,...