TotalEnergies, APA greenlight $10.5 billion oil and gas project in Suriname

By Ank Kuipers and Marianna Parraga PARAMARIBO (Reuters) -France’s TotalEnergies (EPA:TTEF) and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname’s most promising oil and gas project,…

Oil prices jump 3% on reports Iran is preparing missile attack on Israel

By Scott DiSavino (Reuters) -Oil prices turned positive on Tuesday, jumping about 3%, following reports Iran was preparing to launch a missile attack on Israel. Brent futures were up $2.04,…

OPEC+ unlikely to change output policy at Oct. 2 panel meeting

By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) – An OPEC+ panel is unlikely this week to recommend any changes to its current deal to reduce production…

Bullish signals for uranium prices emerge: BofA

Investing.com — Bullish signals for uranium prices are emerging as a result of several market dynamics and geopolitical factors, according to analysts at BofA Securities.  The recent uncertainty surrounding the…

Crude oil prices weaken; OPEC+ meeting, API inventories due

Investing.com — Oil prices retreated Tuesday, adding to the previous month’s losses as Middle East tensions were overshadowed by weak global demand growth and concerns of increased supply. By 09:20…

Metallurgical coal set to flip into surplus in 2025: BofA

Investing.com — Metallurgical coal is poised to transition into a market surplus by 2025, as per BofA Securities analysts in a not dated Monday.  Since 2021, the global met coal…

HSBC cuts Brent price forecast on reports of early return of OPEC+ barrels

Investing.com — OPEC+’s reported plan to increase oil output from Dec. 1 would mark an earlier-than-anticipated rebound in supply to the market, potentially weighing on crude prices, according to analysts at…

Muted crude and product balances expected this week: Macquarie

Investing.com — Analysts at Macquarie have issued their forecast for the week ending September 27, indicating minimal changes in U.S. crude and product balances.  They project that crude inventories will…

TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

PARAMARIBO (Reuters) – France’s TotalEnergies (EPA:TTEF) and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname’s most promising oil and gas project, Block 58, which is expected…

Oil prices dip as prospect of additional supply offsets Mideast fears

By Arunima Kumar (Reuters) -Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over escalating conflict in the Middle East and…