Oil Prices Settle Lower as Trump Takes Office Oil prices settled lower on Monday after U.S. President Donald Trump was sworn in …
Oil
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Business
SLB hikes dividend and buybacks, but cautions of impending oil surplus.
by Curt Heenanby Curt HeenanOilfield company SLB raises dividend, accelerates share repurchases as quarterly profit beats expectations, warns of flat 2025 revenue due to oil oversupply. …
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Business
US Oil and Gas Rigs Reach Lowest Point Since December 2021, Says Baker Hughes.
by Curt Heenanby Curt HeenanU.S. Energy Firms Cut Oil and Gas Rigs for Second Week U.S. energy firms have cut the number of oil and gas …
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Business
Macquarie warns of oil market volatility due to uncertainty surrounding Trump’s policy.
by Curt Heenanby Curt HeenanOil Markets Set to Experience Heightened Volatility in 2025 Amid Uncertainty Over US Policy Shifts Oil markets are poised to experience heightened …
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Business
Bessent backs Fed independence, sanctions on Russian oil, and the dollar.
by Curt Heenanby Curt HeenanWashington (Reuters) – President-elect Donald Trump’s pick for Treasury secretary, Scott Bessent, expressed his views on various economic issues at a Senate …
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Oil Prices Fall as Yemen’s Houthi Militia Expected to Halt Attacks on Ships in Red Sea Oil prices settled lower on Thursday, …
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Oil prices slipped on Tuesday following a US government forecast of steady US oil demand in 2025, but the decline was limited …
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Business
Oil prices decline from 4-month high as traders assess Russian sanctions impact.
by Curt Heenanby Curt HeenanOil Prices Edge Lower as Sanctions on Russian Oil Exports Take Effect Oil prices fell slightly in early Asian trade on Tuesday, …
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Business
US oil sanctions give Trump admin increased leverage over Russia, JPM notes.
by Curt Heenanby Curt HeenanUS oil sanctions give Trump administration more leverage over Russia, JPM says The Trump administration’s decision to impose sanctions on oil companies …
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Business
Oil prices surge as US imposes fresh sanctions on Russian exports.
by Curt Heenanby Curt HeenanOil Prices Jump as Russia Sanctions Worry Budges Environment Oil prices leapt in Asian trade on Monday, building on last week’s rally, …
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Business
US Slaps Toughest Sanctions Yet on Russian Oil Amid Ukraine, Trump Leverage Push
by Curt Heenanby Curt HeenanWASHINGTON/NEW DELHI/LONDON (Reuters) – The U.S. President Joe Biden’s administration imposed its broadest package of sanctions so far targeting Russia’s oil and …
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Business
Oil Prices Climb 1% on US, European Weather-Driven Fuel Demand
by Curt Heenanby Curt HeenanOil Prices Rise as Cold Weather Boosts Winter Fuel Demand Oil prices rose more than 1% on Thursday as cold weather gripped …