Page 23 - John Kilduff News Today

As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from Chinese refineries to ease tight global supplies of diesel, heating oil and jet...

As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from Chinese refineries to ease tight global supplies of diesel, heating oil and jet fuel. China is the world's top oil importer and largest energy consumer. Typically, energy has flowed into China, not out of it.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from Chinese refineries to ease tight global supplies of diesel, heating oil and jet fuel.China is the world's top oil importer and largest energy consumer. Typically, energy has flowed into Chin

Heightened geopolitical risk following the Palestinian militant group Hamas' attack on Israel over the weekend helped push crude prices up around 4% Monday.

Oil prices dropped by 2% as concerns about uncertain demand outweighed the decision by OPEC+ to maintain oil output cuts. Brent crude futures have fal

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

The US will likely need higher interest rates to keep inflation under control and nearer to the Fed’s target of 2% per annum, policymakers at the Federal Reserve said ahead of a decision on rates by the central bank next month.

Meanwhile, experts disagree on where prices will head in the near term.

Front-month Brent November futures settled down 7 cents to USD 95.31 per barrel at the contracts expiry, up about 2.2 per cent in the week and 27 per cent in the third quarter, , oil prices