Oil Steady As Inflation Comes In Hotter Than Expected
Equity markets got caught off guard by higher-than-expected U.S. inflation figures, but crude prices have shown resilience.
Source: oilprice.com
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Green Hydrogen Breakthrough Could Bring Heavy Industry Into The Zero-Carbon Era
Heavy carbon emitting manufacturers all over the world are making the switch to cleaner industrial processes such as low-carbon electricity for industrial heat and hydrogen-based steelmaking
Source: yahoo.com
Oil Poised for Biggest Weekly Loss since November
Oil prices were falling by 2% on Friday morning and were headed to their biggest weekly decline since November 2023
Source: oilprice.com
Reuters Survey Shows OPEC Output Down in January
A Reuters survey shows OPEC’s oil production plunging for the month of January, registering the biggest drop in output since July last year
Source: oilprice.com
WTI Oil Soars Nearly 2.6% as Geopolitics Overtakes Fundamentals
West Texas Intermediate (WTI) climbed over 2.3% on Wednesday as rising tensions in two conflict zones outweighed supply and demand fundamentals that should have put downward pressure on crude prices
Source: oilprice.com