China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Oil Dips on Oversupply Concerns, Heads for Weekly Loss
The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...
Trump’s trade war could hit Britain, warns Bank of England ratesetter
A Bank of England rate-setter has warned that Donald Trump’s trade war could hit growth and push up consumer prices in the UK ...
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Norwegian wealth fund buys the dip on Frontline and Hafnia
Norway’s $36bn domestic wealth fund has been opportunistic in buying up shares in John Fredriksen’s Frontline and Andreas ...
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Bahri bash boosting VLCC rates as owners push for stronger earnings
Fearnleys also noted weak oil prices — with Brent crude priced at $72.33 per barrel on Thursday and West Texas Intermediate ...
Birchcliff Energy Ltd. Announces Q3 2024 Results, Declaration of Q4 2024 Dividend of $0.10 per Common Share and Preliminary 2025 Guidance
Liquids accounted for 17% of Birchcliff’s total production in Q3 2024 as compared to 19% in Q3 2023. The decrease was largely due to the Corporation continuing to target horizontal natural gas wells ...