I expect oil prices to remain volatile as investors assess the US election and potential policies, geopolitical uncertainties in the Middle East and in Ukraine, and the health of the global economy.
Sasol would need an oil price of nearly $55 a barrel for a typical fuel and chemicals output of 7.5-million tons a year from Secunda, shifting to $63 a barrel when gas is depleted and production ...
1500 ET – Crude oil markets shrug off Chinese stimulus efforts, Middle East tensions and bullish U.S. oil inventory data and extend selling following reports that Libya made progress toward ...
Crude oil's volatile month continues, with traders balancing risks to flows from the Middle East against signs of soft demand in China. Bloomberg Opinion columnist Javier Blas says 2025 will bring ...
(Reuters) - Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where ...
Oil ETFs spiked 3% Wednesday morning before paring gains following Iran's largest-ever direct missile strike, involving over 180 ballistic missiles. The largest exchange-traded fund to track WTI ...
The government is closely watching the developments but is "not unduly worried", said the official. "We have seen much higher crude oil prices... Crude oil price still not at those levels," the ...
By Stanley Reed Reporting from London The spiraling conflict between Israel and Iran has sent shock waves through the oil market, increasing prices as investors grapple with potential disruptions ...
In a volatile trade, WTI Crude Oil futures closed lower by -0.90% yesterday. Price action was largely driven by Middle-Eastern geopolitical risk as Israel ramped up air strikes in Lebanon Sunday ...
(Bloomberg) — Sasol Ltd.’s declining gas reserves and its susceptibility to volatile oil prices is drawing scrutiny over the sustainability of the business and its plans to reduce emissions. We ...
Sasol’s declining gas reserves and its susceptibility to volatile oil prices is drawing scrutiny over the sustainability of the business and its plans to reduce emissions. The South African fuel ...