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Breaking News	Mon, 25 Nov 2024

This Sept. 16, 2016, file photo shows tanker trucks lined up at a Colonial Pipeline Co. facility in Pelham, Ala., near the scene of a 250,000-gallon gasoline spill caused by a ruptured pipeline.

Oil slips but stays close to almost two-week highs Mon 25 Nov 2024
Singapore — Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tension grew between Western powers and major... (photo: AP / Jay Reeves) Business Day
Energy Global Trading Oil Photos

Oil gains more ground amid anxiety over escalating Ukraine war Fri 22 Nov 2024
Singapore — Oil prices extended gains on Friday, heading for a weekly uptick of more than 4%, as the Ukraine war intensified with Russian President Vladimir Putin warning... (photo: Creative Commons / Dmitrijs Purgalvis) Business Day
Global tradiing Oil Photos Steel

Photo of gasoline dispenser in gas station

Geopolitical tension boosts oil Thu 21 Nov 2024
Singapore — Oil prices rose marginally on Thursday as geopolitical concerns over escalating tension between Russia and Ukraine countered the effect from a... (photo: Creative Commons) Business Day
Energy Global Trading Oil Photos

Oil rises amid supply outages Tue 19 Nov 2024
Tokyo — Oil prices edged up on Tuesday, extending the previous day’s rally driven by a halt in production at Norway’s Johan Sverdrup oilfield, though investors remained... (photo: Creative Commons) Business Day
Global tradiing Oil Photos Steel

Oil rises amid escalating Russia-Ukraine tension Mon 18 Nov 2024
Singapore — Oil prices edged up on Monday after fighting between Russia and Ukraine intensified at the weekend, though concern about fuel demand in China, the world’s... (photo: Creative Commons) Business Day
Gas Global Trading Oil Photos

Former Vice President Al Gore speaks during a session on Climate Trace, a database that monitors emissions, at the COP29 U.N. Climate Summit, Friday, Nov. 15, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)

UN climate talks 'no longer fit for purpose' say key experts Fri 15 Nov 2024
BAKU — The United Nations' COP climate talks are "no longer fit for purpose" and need an urgent overhaul, key experts including a former UN secretary general and former... (photo: AP / Sergei Grits) Saudi Gazette

COP29 Climate Change Photos UN Wikipedia: Climate Change

A Chinese gas station attendant gets ready to pump petrol into a car in Beijing, China, Wednesday, March 9, 2005. Chinese oil demand will grow by 33 percent more than previously forecast this year, as the expected drop in demand for fuel to run power generators hasn't materialized, the statistics arm of the U.S. Department of Energy sai

Oil set for weekly loss amid slow Chinese demand Fri 15 Nov 2024
Singapore — Oil prices fell on Friday on signs demand in China, the world’s biggest crude importer, is still underperforming amid its uneven economic recovery. Brent... (photo: AP / Greg Baker) Business Day
China Global Trading Oil Photos

Filling the car with gasoline at the gas station

Oil bounces back on short-covering after Opec's gloomy demand forecast Wed 13 Nov 2024
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on Opec’s demand forecast cut, while the dollar hit a seven-month... (photo: Creative Commons / Marco Verch) Khaleejtimes
Global tradiing Oil Photos Steel

The advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria, Austria, Thursday, Dec. 5, 2019

OPEC again cuts 2024, 2025 oil demand growth forecasts Wed 13 Nov 2024
OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and other regions, marking the producer group’s... (photo: AP / Ronald Zak) CyprusMail

Global tradiing OPEC Oil Photos

Person holding gasoline nozzle at gas station

Oil slightly firmer on tight supply Wed 13 Nov 2024
Singapore — Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks, a day after Opec downgraded its forecast... (photo: Creative Commons) Business Day
Energy Global Trading Oil Photos

Oil and gas are gift of God, Azerbaijan leader tells climate summit Tue 12 Nov 2024
Oil and gas are the “gift of God”, the president of Azerbaijan has told an international climate summit being held in his country. As Sir Keir Starmer prepares to take... (photo: UN Climate Change - Kiara Worth) The Times/The Sunday Times
Azerbaijan Climate change Oil Photos

Royal Dutch Shell PLC, commonly known as Shell, is a British-Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in England, May 4, 2018.

Shell not obliged to cut pollution, Dutch court rules in landmark climate case Tue 12 Nov 2024
Shell is not obliged to dramatically reduce its planet-heating pollution by 2030, a Dutch appeals court ruled Tuesday, overturning a previous verdict that imposed steep... (photo: Creative Commons / Pixabay/ formysucces) CNN
Climate change Emissions Oil Photos

In this April 21, 2020 file photo, a pumpjack is pictured as the sun sets Tuesday, April 21, 2020, in Oklahoma City. Oil prices continue to drop, because very few people are flying or driving, and factories have shut due to a near-global lockdown.

Oil loses ground on worry about Chinese stimulus Tue 12 Nov 2024
Beijing — Oil prices eased on Tuesday as investor disappointment over China’s latest stimulus plan and oversupply concerns weighed on the market, along with a stronger... (photo: AP / Sue Ogrocki) Business Day
Business Global Trading Oil Photos

A pumpjack operates in the foreground as wind turbines at the Buckeye Wind Energy wind farm rise in the distance, Monday, Sept. 30, 2024, near Hays, Kan.

Cop29 CEO filmed agreeing to facilitate fossil fuel deals at climate summit Fri 8 Nov 2024
Elnur Soltanov recorded with fake oil and gas group which asked for deals in exchange for sponsoring talks. The chief executive of Cop29 has been filmed apparently... (photo: AP / Charlie Riedel) The Guardian
Azerbaijan COP29 Climate Change Photos Wikipedia: 2024 United Nations Climate Change Conference

Oil prices rise due to approaching hurricane and Donald Trump Thu 7 Nov 2024
Singapore — Oil prices rose on Thursday following a sell-off triggered by the US presidential election, as risks to oil supply from a Trump presidency and a hurricane... (photo: Creative Commons) Business Day
Energy Global Trading Oil Photos Steel

A fuel storage tank at the Saudi Aramco Shell oil refinery in Jubail, Saudi Arabia, in this photo taken Tuesday, June 1, 2004

Saudi Aramco Q3 profit drops 15.4% amid lower oil prices Tue 5 Nov 2024
Saudi Arabia’s state-owned oil giant Aramco reported a 15.4% decline in third-quarter profit, driven by lower crude prices and weaker refining margins. Despite the income... (photo: AP / Hasan Jamali) Invezz

Global Trading Oil Photos Saudi Arabia

Oil prices steady as traders wait for more cues from US election results Tue 5 Nov 2024
Oil prices traded flat on Tuesday as traders waited cautiously for the outcome of the US Presidential election later in the day. Oil prices had climbed sharply on Monday... (photo: Creative Commons) Invezz

Energy Global Trading Oil Photos Steel

India's Minister of Petroleum and Natural Gas Hardeep Singh Puri, center, talks in a panel as UAE Minister of Energy and Infrastructure Suhail al-Mazrouei, second left, Egypt's Minister of Petroleum and Mineral Resources of Egypt Karim Badawi, second right, and Uganda's Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu look on during the the inaugural session of annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, Monday, Nov. 4, 2024. (AP Photo/Altaf Qadri)

The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen Mon 4 Nov 2024
ABU DHABI, United Arab Emirates — The United Arab Emirates opened its annual oil-and-gas summit on Monday as it pledged to increase the country's energy output even... (photo: AP / Altaf Qadri) Newsday
Gas Global Trading Oil Photos

A Honda motorcycle getting refueled at a gasoline station. Taken on March 2017.

Oil near one-month low with markets eyeing possible Israel- Hezbollah ceasefire Wed 30 Oct 2024
New York/Singapore — Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and... (photo: WN / RTayco) Business Day
Energy Oil Photos Steel

Strategic Petroleum Reserve (United States)

Oil steady as US reserve bid provides support Tue 29 Oct 2024
Tokyo — Oil prices were little changed on Tuesday after falling in the previous session as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some... (photo: Public Domain) Business Day
Energy Global Trading Oil Photos

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