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Fears of a spillover in the conflict, which could embroil Iran and its allies in the region, have supported oil prices in recent weeks, but nervousness is also making investors steer clear of risky assets.
Is it better to engage with fossil fuel companies or to divest? Banks appear to have voted with their funds, as financing continues to be funnelled to fossil fuel companies that are in expansion mode. Is this what a just, orderly and responsible transition to net-zero emissions by 2050 looks like?
Energy stocks experience a significant surge due to a massive short squeeze, despite hedge funds' aggressive shorting, while oil prices approach $95 a barrel.
European oil refiners are set to have an autumn maintenance season less busy than usual, analysts and traders say, as they try to capture higher profit margins amid low fuel inventories and robust... -Today at 07:44 am- MarketScreener
Oil Price Forecast: "We Expect Brent oil Prices to Stay in Recent USD75- 85/b" say MUFG