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Chances of $100 Oil Increase as Market Faces Supply Shocks

(Bloomberg) -- When oil surged above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But...

American Oil Companies Expanding Influence in OPEC+ Countries Globally

(Bloomberg) – One of the main beneficiaries of sanctions on Russian and Venezuelan oil? American suppliers have established themselves in markets once dominated...

US S&P 500 and Nasdaq finish lower; Dow edges higher

The US share market trimmed early losses to finish the session in mixed territory on Monday, 11 March 2024, as investors awaited key...

Putin’s petrodollars dry up as Arab-Russian cartel loses its grip

While Russian forces are blocked on the front lines in Ukraine, Vladimir Putin faces a drain on the Kremlin's coffers that threatens to...

From China to OPEC+, here are the biggest wildcards that could jolt oil markets in 2024

Looking ahead to 2024, the biggest wild cards include demand from China and cohesion within OPEC+.U.S. oil production is not expected to increase...

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