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July 13, 2023
By Will Horner Saudi Arabia is set to fall below Russia as the largest oil producer in the OPEC+ alliance as its production cuts begin to bite, tightening...
July 13, 2023
By Will Horner The Organization of the Petroleum Exporting Countries foresees strong demand growth for oil next year thanks to a booming appetite from Asian...
June 14, 2023
By Will Horner Rising demand for crude oil is set to slow to a trickle within five years and peak before the end of the decade, as electric-vehicle uptake surges and developed nations rapidly transition to cleaner sources of energy, according to...
June 12, 2023
By Will Horner Just over a week has passed since Saudi Arabia said it would unilaterally slash output by one million barrels a day. Despite this, oil prices have fallen, as if the plan to tighten the market never happened. It is the latest exa...
June 5, 2023
By Will Horner Saudi Arabia raised its July prices for crude sales to Asian buyers on Monday, a day after an OPEC+ meeting in which it said it would slash oil output by 1 million barrels a... | June 5, 2023
May 25, 2023
By Will Horner Investments in solar power this year are on course to overtake spending on oil production for the first time, the foremost example of a widening gap between booming renewable energy funding and stagnating fossil fuel industries, ac... | 01:15am
May 25, 2023
Government spending, including Bidenโs Inflation Reduction Act, has helped drive a gap between clean-energy spending and fossil-fuel investments.
May 16, 2023
By Will Horner China's demand for oil is growing at a faster-than-expected pace, threatening to tighten crude markets and send oil prices higher as supply struggles to keep up, the International Energy Agency said. The Paris-based agency's lat... | 04:17am
May 15, 2023
By Will Horner and Hannah Miao U.S. stocks wobbled Monday after Treasury Secretary Janet Yellen said over the weekend that negotiations over raising the debt ceiling were making progress and could result in a deal. Ms. Yellen has warned that t... | 10:02am
May 15, 2023
By Will Horner and Hannah Miao U.S. stocks were wavering in midday trading Monday as investors monitored debt-ceiling negotiations, coming off two consecutive losing weeks for the S&P 500. Treasury Secretary Janet Yellen said over the week... | 12:31pm