Oil prices hold ground after OPEC lowers demand outlook, China stimulus limit gains
By Emily Chow (Reuters) – Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while investor disappointment over China’s latest stimulus plan and oversupply…
COP29 host Azerbaijan hits out at West in defence of oil and gas industry
By William James and Kate Abnett BAKU (Reuters) -The president of Azerbaijan, host of this year’s U.N. climate summit, lashed out at Western critics of his country’s oil and gas…
Iran’s president says Tehran has to deal with Washington
DUBAI (Reuters) -Iran’s President Masoud Pezeshkian said Tehran will not be able to ignore its arch-foe the United States and needs to “handle its enemies with forbearance”, state media reported…
Oil prices edges higher after bruising losses; OPEC cuts demand forecasts
Investing.com– Oil prices edged higher Tuesday, rebounding after logging steep losses even as a group of top producers once more cut demand growth forecasts.ย At 08:20 ET (13:20 GMT), Brent…
Post-election fall in gold a “stumble, not a sea change,” JPMorgan says
Investing.com –ย Gold prices moved lower in European trade on Tuesday, as the dollar firmed sharply amid speculation over the policies of the incoming Donald Trump administration. Improved risk appetite, following…
US dependence on Canada’s oil should deter Trump tariffs, industry says
By Nia Williams (Reuters) – Canada’s energy industry does not expect U.S. President-elect Donald Trump’s broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many…
US dollar has room to rally further – Morgan Stanley
Investing.com – The US dollar has benefited from the countryโs recent election results, and Morgan Stanley (NYSE:MS) expects more strengthening ahead as the new Trump administration starts to enact its…
COP29: Host nation Azerbaijan hits out at West in defence of oil and gas industry
By William James and Kate Abnett BAKU (Reuters) -Azerbaijani President Ilham Aliyev used a keynote speech at the COP29 climate summit to lash out at Western critics of his country’s…
Oil prices steady ahead of OPEC report, China stimulus limit gains
By Emily Chow (Reuters) – Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while investor disappointment over China’s latest stimulus plan and oversupply…
US sets methane fee on oil, gas emitters as Biden term winds down
By Valerie Volcovici BAKU, AZERBAIJAN (Reuters) – U.S. President Joe Biden’s administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the…
