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Hace 18 horas · LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case for a September cut to interest rates while markets weighed OPEC+ plans to begin tapering some output cuts later this year. Brent crude futures were up 39 cents, or 0.5%, at $77.91 a barrel by 1241 GMT. The slide followed news from the Organization of the ...
Hace 18 horas · FILE PHOTO: A general view of a French oil Esso refinery by night in Fos-sur-Mer, France, May 13, 2024. REUTERS/Manon Cruz/File Photo 05 Jun 2024 08:39AM (Updated: 05 Jun 2024 12:07PM)
Hace 18 horas · WASHINGTON, June 5 — UN Secretary-General António Guterres said today that countries must confront not just the fossil-fuel industry, but also companies that support efforts to obstruct climate action. The UN chief, a longtime critic of oil and gas companies’ role in driving climate change, called the industry out for spending billions on ...
Hace 18 horas · They were also enlightened on the different processes, stakes and challenges of the petroleum sector. This was in a workshop organised on June 1, in Yaounde, by the Network of Communication Professionals in the Energy, Mining and Hydrocarbons Sectors, better known by its French abbreviation, RECAPEMH.
Hace 18 horas · Data from the American Petroleum Institute showed U.S. crude inventories saw a build of about 4 million barrels in the week to May 31. Gasoline and distillate inventories also registered increases, raising concerns about demand in the world’s biggest fuel consumer, even as the travel-heavy summer season began.
Hace 18 horas · File picture: REUTERS/BRENDAN MCDERMID. Singapore — Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an Opec+ decision to boost supply later in the year and ...
Hace 6 horas · Taken together, the market was in surplus by 700,000 tonnes in 2022. In contrast, by 2023, demand reached 27.7 tonnes, mine supply totaled 22.3 mm tonnes, and scrap fell to 4.8 mm tonnes. The ...
