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What will OPEC+ decide on oil output? Here’s why it’s complicated.
Developments in the Middle East have and worries about the prospects for global demand have fueled volatile trading in the oil market in recent weeks and that makes an upcoming decision by major ...Business - MarketWatch - November 2 -
The UAE opens its annual oil-and-gas summit, pledging to increase output
The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices have fallenWorld - ABC News - November 4 -
Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - November 4 -
Canada Sets Preliminary Rules for Oil-and-Gas Carbon-Emissions Cap
The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record ...Business - The Wall Street Journal - November 4 -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - November 5 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - 6 days ago -
Lammy seeks to repair Trump relationship after ‘Nazi’ jibe
UK foreign secretary offers congratulations to US president-elect six years after branding him a ‘sociopath’World - Financial Times - 6 days ago -
Bitcoin hits record above $75,000 as crypto industry celebrates Trump win
Republican presidential victor has vowed to end regulatory crackdown on cryptocurrency industryWorld - Financial Times - 6 days ago -
Trump expected to roll back environmental protections, boost oil and gas
Former President Trump’s electoral victory will likely mean a significant shift in U.S. energy and environmental policy. His return to the White House next year is expected to lead to a rollback of ...Politics - The Hill - 6 days ago -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - 5 days ago -
Trump’s Energy Policies May Be a Mixed Bag for Oil Companies
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.Business - The New York Times - 5 days ago -
Oil firm blames windfall tax for North Sea pull-out
Texas-based Apache says the windfall tax on energy profits will make its operations "uneconomic".Top stories - BBC News - 5 days ago -
Odour of oil and return of Trump hang heavy over Cop29 in Baku
Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance. More than 100 heads of state and government are expected to land in Baku, the ...World - The Guardian - 4 days ago -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - 3 days ago -
US oil industry eagerly awaits Donald Trump’s deregulatory push
Despite president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growthBusiness - Financial Times - 2 days ago -
Colombia battles to diversify economy away from oil and gas
President Petro has pledged to end investment in fossil fuels but critics say the transition to clean energy is too abruptWorld - Financial Times - Yesterday