Crude oil edged lower as OPEC dodged calls to raise its production and was still expected to stick to the scheduled 400,000 barrels per day output boost, Australia's ANZ Bank said in a Wednesday note. US President Joe Biden led…
Continue ReadingRussia's production of oil and gas condensate rose to 10.84 million barrels per day last October, the highest in 18 months, compared to 10.72 million barrels per day in September. Total oil and condensate production reached 45.86 million tons last…
Continue ReadingEquinor announced its sixth oil discovery on the Norwegian continental shelf this year, it said in a press release on its website on Monday. The new discovery comes in partnership with the Norwegian companies "Bigning Upstream" and "Longboat Energy" of…
Continue ReadingChevron, the US company, posted its highest quarterly profit in 8 years, thanks to higher oil and gas prices and a pickup in auto fuel demand that boosted refining margins. The strong results came a day after US lawmakers questioned…
Continue ReadingHeadlines MSCI Asian benchmark falls 0.4%, European futures slip Brent crude steady, on track for first weekly fall in eight Australia's yield curve control policy at risk Euro strong after ECB meeting Ether hits all-time high Market Asian shares dropped…
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