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Oil rises ahead of OPEC+ meeting, easing China COVID curbs lend support

01/12/2022

Oil rose on Thursday supported by investor wariness that OPEC+ may cut supply further at its meeting on Sunday and

The Commodities Feed: The complex moves higher

01/12/2022

Energy – US crude oil inventories plunge
The oil market received a boost yesterday from multiple factors. ICE Brent managed

OPEC+ switch to virtual meeting signals policy roll-over ahead of Russian oil price cap – sources

01/12/2022

The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, sources told Reuters

Crude oil hit by heavy fund sales as fears about cap recede

01/12/2022

Petroleum markets were hit by a second week of heavy investor sales last week as fund managers became convinced the

Oil markets may be overreacting to China’s Covid news, Rystad says

01/12/2022

The drop in oil prices in reaction to fresh lockdowns in China has been overblown as the effect on the

Russia says proposed oil price cap is ‘anti-market’ measure

01/12/2022

Russia’s foreign ministry said that a proposal by Western countries to introduce a cap on the price of Russian oil

Australian gas producers line up deals as price cap looms

01/12/2022

Australia’s natural gas producers have been racing to sign up customers in the past two weeks as the government considers

Abu Dhabi’s ADNOC working with Goldman Sachs on gas business, sources say

01/12/2022

Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs (NYSE:GS) to work on consolidation of its gas operations for

Aramco discovers two new Saudi gas fields – SPA

01/12/2022

Saudi Arabia’s energy minister said Saudi Aramco had discovered two new natural gas fields, Awtad and AlDahna, in the country’s

Mexico’s Pemex increases production and imports of gasoline, fuel

01/12/2022

Mexican state oil company Pemex posted a substantial increase in gasoline and diesel production in October from the prior month,

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