energy

Wall St Week Ahead Fed shift causes rally in value stocks to wobble

The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a…

4 years ago

Oil prices firm on summer demand as Iran talks drag

Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause…

4 years ago

Oil falls amid dollar strength; demand picture still bullish

Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest…

4 years ago

Analysis: Biden may hinder oil and gas drilling even after court loss

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry…

4 years ago

Russia says EU carbon border tax may impinge on global trade rules

Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on…

4 years ago

Energy, services boost euro zone inflation in May as expected

A sharp spike in energy prices and more expensive services boosted euro zone consumer inflation in May as expected, data…

4 years ago

Crude oil prices steady near multi-year highs

Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S. crude inventories and broadly shrugging off a…

4 years ago

Oil hits new high near $75 on demand rise, falling inventories

Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported…

4 years ago

Oil gains as risk of Iran supply resumption recedes

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming…

4 years ago

More departures from Exxon Mobil’s trading operation -sources

Traders from Exxon Mobil Corp’s (XOM.N) natural gas liquids and gasoline units have left, according to three people familiar with…

4 years ago