Energy

Oil hits lowest since 2021 on banking fears

Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector and a potential increase...

Iraq, OPEC stress need to coordinate to stabilise prices

Iraq's Prime Minister Mohammed Shia al-Sudani and OPEC Secretary General Haitham Al Ghais stressed the need to coordinate among oil-exporting nations to ensure prices...

Oil rises on demand hopes as banking fears ease

Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support measures stabilised a banking crisis that...

Shell rules out more ambitious goal for end-user emissions

Shell (SHEL.L) has ruled out setting targets to cut emissions in absolute terms from customers' use of its products, its chair said in a report published...

US crude oil exports hit record high in 2022, EIA data shows

U.S. crude oil exports hit a record high in 2022 as releases from the Strategic Petroleum Reserve (SPR) nearly matched the increase in domestic...

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