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Oil&Gas
Brent Crude Nears $80 | OilPrice.com
Brent crude oil is closing in on the $80 price point Thursday afternoon, with WT reaching above $76 per barrel on healthy U.S. economic data combining with a force…
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Western Insurers Provide Cover for Russian Oil Despite Price Cap Concerns
A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of…
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Using CO2 to extract oil is ultimately worse for the environment, report says •
A new report warns that using captured carbon dioxide to help extract oil and gas won’t reduce greenhouse gas emissions and could create new…
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USD/CAD struggles below 1.3800 amid rebounding Oil prices, stronger USD lends
USD/CAD drifts lower for the third straight day, albeit lacks follow-through.
An uptick in Oil prices underpins the Loonie and exerts pressure on the…
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Nigerian Oil Production Increases Due To Improved
Chief of the Naval Staff Emmanuel Ikechukwu Ogalla announced on Tuesday that Nigerian oil production has increased to between 1.6 and 1.7 millions barrels…
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Energy paradox: The rise of oil rigs in the era of renewables
By Tural Heybatov
In recent years, there has been an ongoing and often heated debate about the need for a global transition to renewable energy…
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Europe must clamp down on Russian oil flows through Turkey
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Oil major BP raises dividend as second-quarter profit beats expectations – NBC
British oil giant BP posted underlying replacement cost profit, used as a proxy for net profit, of $2.8 billion for the second quarter. That beat analyst…
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How ‘world’s first oil town’ is wrestling with fossil fuel legacy | Cop29
Just a few miles from the site of the next UN climate conference in Baku, Azerbaijan, is a district that for more than a century was known as Black City. Every house and factory…
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Oil Rises From Six-Week Low With Chinese Demand, OPEC+ in Focus
(Bloomberg) -- Oil rose from near a six-week low as positive Chinese economic data helped ease concern over demand in the world’s biggest importer, before an OPEC+ monitoring…
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