Oil costs risky as Iranian warship enters Crimson Sea
An image taken throughout an organised tour by Yemen’s Houthi rebels on November 22, 2023 exhibiting the Galaxy Chief cargo ship approaching the port within the Crimson Sea off Yemen’s…
Maersk halts Crimson Sea delivery till additional discover after Houthi militant assault
Delivery firm Maersk posted document annual earnings for 2022 however warned that earnings are set to tumble this yr as a “extra balanced demand surroundings” emerges. Image Alliance | Image…
U.S. crude oil sheds greater than 10% in first annual decline since 2020
A driver pumps gasoline at a Sunoco gasoline station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Photos U.S. crude oil closed out…
U.S. crude drops under $70 per barrel, gasoline costs fall to 11-month low
Gasoline costs at a Shell gasoline station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Pictures U.S. crude declined practically 4% on Wednesday…
Oil costs set to rise in 2024 after OPEC+ voluntary cuts
Processing towers stand on the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Photos Oil costs are…
OPEC+ alliance will break, sending oil costs decrease
Saudi Arabia’s Vitality Minister Prince Abdulaziz bin Salman speaks in the course of the eighth OPEC Worldwide Seminar in Vienna, Austria, July 5, 2023. Xinhua Information Company | Xinhua Information…