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Forexlive asia-pacific fx news wrap: boj drops hints of policy change/tweak in july
Japan finance minister Suzuki says will respond in FX moves are excessiveSaudi Aramco says China India are especially driving oil demand despite econo...
June 26, 2023, 3:00 am
Saudi aramco says china india are especially driving oil demand despite economic headwinds
Comments crossing news wire from the Saudi Aramco CEO: Oil markets fundamentals remain generally sound for rest of the yearDeveloping countries, espec...
June 26, 2023, 2:09 am
Opec forecasts rising global oil demand, to 110mn barrels per day by 2045
Haitham Al Ghais is the Secretary General of OPEC, news wires carrying his comment OPEC sees global oil demand rising to 110mn ...
June 26, 2023, 2:06 am
Shell restarts norco, louisiana, refinery after power outage, fire -sources
Shell Plc began restarting its 227,900 barrel-per-day (bpd) Norco, Louisiana, refinery on Saturday foll...
June 25, 2023, 6:17 pm
Oil prices fall on friday as gold and dollar rise
Benchmark US crude oil for August delivery fell 35 cents to $69.16 a barrel Friday. Brent crude for Aug...
June 24, 2023, 7:44 am
Why higher central bank rates are bullish oil
This snippet is via ANZ commodity analysts after Federal Reserve Chair Powell warned of higher rates still to come and the Bank of England ratcheted i...
June 23, 2023, 1:02 am
Eia weekly us oil inventories -3831k vs +329k expected
Prior was +7919KGasoline +479K vs +113K expDistillates +433K vs +705K expSPR release 1.7 million barrel...
June 22, 2023, 3:00 pm
Hess expects cash flow to rise 25% per year for the next five years - ceo
U.S. oil producer Hess Corp. forecasts a 25% per year increase in cash flow for the next five years with oil remaining about $75 per ...
June 22, 2023, 8:57 am
Private oil survey data shows headline crude oil draw
The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via Twitter:Expectations I had seen centred on:Hea...
June 21, 2023, 8:36 pm
U.s. oil refiners again expand fuel capacity after big shrink
U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrel...
June 21, 2023, 1:41 pm
Arrow exploration "effectively achieved" production target says broker
Arrow Exploration has reported another good result from the Carrizales Norte-1 (CN-1) discovery well on the onshore Colombia Tapir Block, said SP Ang...
June 21, 2023, 7:13 am
Oil, gold and dollar prices fall on tuesday
Benchmark US crude oil for July delivery fell $1.28 to $70.50 a barrel Tuesday. Brent crude for August ...
June 20, 2023, 9:14 pm
Brent crude oil price sees slight decline as energy demand concerns persist
By RoboForex Analytical Department The price of Brent crude oil commenced the new week in June with a marginal decline, reaching $75.70 per ...
June 20, 2023, 1:33 pm
Iran is shipping the most crude in almost five years
A catch-up with this Bloomberg (gated) piece on Iranian oil exports:Exports have surged to the highest level since US sanctions were re-imposed in 201...
June 19, 2023, 12:55 am
2 oil stocks to buy even if oil prices keep slumping
Chevron can generate enough cash at $60 oil to grow its business and dividend. ConocoPhillips' free cash flow forecast positions it to send a boatload...
June 17, 2023, 8:35 am
Valero energy: showing some signs of weakness
The U.S. refiner Valero Energy Corporation reported first-quarter 2023 adjusted earnings of $8.27 per share, a significant increase from $2.31 per sh...
June 15, 2023, 6:38 pm
U.s. oil futures climb back above $70, the highest finish in a week
Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline demand for the summer driving seas...
June 15, 2023, 2:58 pm
Ksa: positioned to outperform other emerging markets
Saudi Arabia should outperform other emerging markets this decade. However, oil needs to remain above $80/barr...
June 15, 2023, 12:09 am
More on jp morgan slashing its brent crude forecast for the year to $81 from 90 previously
Justin had the news on this here:Another hit to confidence for the oil market?As noted, JPM's call follows something similar from Goldman Sachs earlie...
June 14, 2023, 10:24 pm
Why investors should stay away from cracker barrel (cbrl) now
Increased commodity and wage inflation, reduced guest traffic and low discretionary spending are weakening Cracker ...
June 14, 2023, 1:28 pm