Oil

The major escalation in the Middle East dragged down futures tied to the Dow Jones Industrial Average by 504 points, while S&P 500 futures and Nasdaq 100 futures declined by 1.25% and 1.35%, respectively.

Trump's reelection could boost IPO activity, make banking regulations more lenient, and buoy energy stocks as he plans to drill from day one of his second tenure as US President.

Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

Oil prices experienced a slight decrease after reaching a six-month record. Investors have shrugged off fears of a wider Middle East war disrupting supplies.

The company's shift towards trading more in liquefied natural gas (LNG) and increased production offset reduced earnings from refining and oil trading, along with higher operating costs.

The energy price cap in Great Britain is set to decrease by 14 per cent, anticipated to bring down annual bills by an average of £268.

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

CPI reported a year-on-year increase of 6.7 per cent, maintaining the same pace as the previous month, contrary to economists' predictions of a dip to 6.6 per cent.

On Wednesday this week, a group of activists for Just Stop Oil took to the stage of a West End Les Miserables production to protest Rishi Sunak approving the drilling for more oil in the North Sea.

Climate scientists are shocked by a report that found September 2023 to be the hottest month ever recorded. Experts also warn of another heatwave hitting Europe in October.

The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.

A hike in expected US inflation over the next year comes ahead of next month's federal reserve decision on interest rates. Meanwhile, OPEC cuts increase the price of oil.

Insight and analysis into the energy market from BDSwiss CEO MENA demonstrates the undetermined nature currently facing one of the world's leading markets.

The Women's National Basketball Association (WNBA), in a scathing statement, has called for the release of US basketball star Brittney Griner.

The trade sanctions imposed by western nations along with the European Union on Russia for its invasion of Ukraine have meant that one of the biggest oil and gas exporters is now left with additional stocks of the two resources with nowhere to send them to.

There seems to be enough market evidence to indicate $80 oil by the summer.

The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.

Big Oil had a good year in 2018, helped mostly by higher oil prices.

With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.

32 crew members of the Iranian vessel Sanchi are missing while all those aboard the Chinese ship CF Crystal have been accounted for.

Eleven princes, who were not identified, were taken into police custody after they engaged in a sit-in protest outside a palace.

Saudi Arabia's Crown Prince Mohammed bin Salman says the annual budget is chiefly aimed at improving the living standards of Saudi citizens.

Crude futures slide on perceived uptick in US production and Russian reluctance to go along with cartel.

Oil and gas giant posts underlying replacement cost profit of $1.87bn in the third quarter, compared to a profit of $933m in the same period of 2016.

Police in Nigeria's southern Delta state say that a militant group kidnapped the four missionaries at around 2am local time on Friday (13 October).

Brent futures spike on anticipation of higher demand and geopolitical tension.

ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order.

Water has reached as high as second-storey homes as the deluge from storm Harvey dumps tens of inches of rain on the state.

A 30km stretch of coastline has been affected.