Stay updated with breaking news from Ed Morse. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The benchmark price for most fuel surcharges moved by only a small amount, but futures markets are going through some big swings. The post Small move in diesel benchmark masks more volatile underlying market appeared first on FreightWaves.
-- Ed Morse, global head of commodities research at Citigroup, explains his bearish forecast for Brent crude oil in 2024, between moderate demand, a weak global economy, Chinese inventories, a...
(Bloomberg) -- Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Cri
Chief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for the energy transition. UAE Energy Minister Suhail Al Mazrouei and OPEC Secretary-General Haitham al-Ghais are also scheduled to speak.
Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for Opec+ supply cuts are among topics that will be discussed from Monday. But this year, climate is looming large over the