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Financial Market News
You are at:Home»Posts Tagged "oil" (Page 25)

OPEC calls for more fossil fuel investment, dismisses peak oil demand

By FinMar NewsJune 14, 2024

The head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to prevent an energy shortage, dismissing predictions that…

Canadian bank CEOs defend investments in oil and gas

By FinMar NewsJune 14, 2024

The chief executives from Canada’s five biggest banks faced hard questions from MPs on Thursday over their climate commitments and plans to help spur transition to…

Big Oil given stark warning as a major supply surplus expected by 2030

By FinMar NewsJune 12, 2024

Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part…

Oil prices tick higher after Saudi Arabia reiterates output boost can be

By FinMar NewsJune 7, 2024

Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts…

Oil market ‘oversold’? Analysts and traders on crude’s price plunge

By FinMar NewsJune 5, 2024

An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024.David Mcnew | Getty ImagesOil prices defied the announcement of extended…

‘No quid pro quo’ between Trump and oil execs, Gov. Burgum says

By FinMar NewsJune 3, 2024

Kathryn Burgum aplauds as her husband Republican Governor of North Dakota Doug Burgum shakes hands with former US President and 2024 presidential hopeful Donald Trump during…

Oil alliance OPEC+ could extend production cuts this weekend

By FinMar NewsMay 31, 2024

The OPEC logo on the building of the Organization of the Petroleum Exporting Countries.Thomas Coex | Afp | Getty ImagesThe oil-producing Organization of the Petroleum Exporting…

Oil prices boosted as traders await OPEC+ decision on production cuts

By FinMar NewsMay 29, 2024

Oil futures rise Tuesday, with traders penciling in an extension of OPEC+ production cuts beyond June 30. Read More: Oil prices boosted as traders await OPEC+…

Oil prices bounce back from three months lows, on track for weekly loss

By FinMar NewsMay 25, 2024

A Shell gas station in Austin, Texas, on May 3, 2024.Brandon Bell | Getty ImagesCrude oil futures bounced back from three-month lows on Friday but still…

Olive oil is how much now? Prices jump — again — amid worldwide shortage

By FinMar NewsMay 16, 2024

Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached a…

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