Oil
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(WO) — Black Gold Exploration Corp. has announced the addition of 822 acres to the package of oil, gas and mineral leases in Clay County and Vigo County, Indiana that are subject to its ongoing joint venture (JV) with LGX Energy Corp., bringing the total leased acreage to 911.9 acres. When originally announced […]
‘We’ve all accepted that the North Sea is declining,” says Roy, 70, a taxi driver working in Aberdeen for the past 20 years. “Over the years there have been a few huge market crashes but we always recover. This time, it’s a real decline.” Drive along the granite city’s Union Street and there are dozens of […]
By Nicole Jao NEW YORK (Reuters) -Oil prices slipped slightly on Thursday as investors waited on developments in the Middle East, while falling crude inventories in the United States provided some support. Brent crude futures were down 34 cents to $73.88 a barrel at 1:46 p.m. EDT (1746 GMT), while U.S. West Texas Intermediate crude […]
UNIFIL (United Nations Interim Force In Lebanon) armoured personnel carriers depart a base to patrol near the Lebanon- Israel border on October 5. Carl Court/Getty Images Over the past week, the UN said that the Israeli military fired on its peacekeepers, forcibly entered its base, stopped logistics and injured more than a dozen of its […]
CNN — Israeli officials, including Prime Minister Benjamin Netanyahu, have assured the United States that a counterstrike on Iran will be limited to military targets rather than oil or nuclear facilities, according to a person familiar with the discussions. President Joe Biden . . .
(Bloomberg) — Shares in Asia climbed after another strong performance on Wall Street, with stocks hitting fresh record highs. Oil dropped as concerns eased about Israel attacking Iranian energy facilities. Most Read from Bloomberg Benchmark indexes were up in Australia and Japan, and US futures advanced slightly. With earnings reports poised to drive US sentiment […]
Joe Biden has said the US is discussing with Israel the possibility of Israeli strikes on Iran’s oil infrastructure. When asked if he would support such strikes, Mr Biden said: “We’re discussing that. I think that would be a little… anyway.” His off-the-cuff remarks, made as he left the White House, did not make clear […]
By Arunima Kumar (Reuters) -Oil prices rose slightly on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand from top oil importer China. Brent crude futures for November edged up by 14 cents, or 0.19%, to $74.63 a barrel […]
SINGAPORE (Reuters) – Oil prices, which eased slightly on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures, which were trading 12 cents, or 0.2%, lower at $73.76 a barrel at 0658 GMT on Friday, gained 4.3% this […]
By Colleen Howe BEIJING (Reuters) -Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains. Brent crude futures for November were up 36 cents, or 0.5%, to $74.01 a barrel at 0618 GMT, while WTI crude futures for October were […]