Russia: It Will Stay in Opec+, Hopes UAE Exit Does Not Spell End of Group
Russia says it will stay in OPEC+, hopes UAE exit does not spell end of group Reuters Russia says it will stay in OPEC+, hopes UAE exit does not spell end of group Reuters
Category oil
Raises Totalenergies Dividend as Oil Trading Profits Surge
TotalEnergies (NYSE: TTE) is raising its interim dividend by 6% as first-quarter earnings jumped by 30% from a year earlier, pushed up by the spike in oil prices and very strong oil trading results in the wake of the Iran war. TotalEnergies (NYSE: TTE) is raising its inter
Brent Oil Prices Top $114 as Market Braces for Prolonged Disruption
Oil prices are extending their gains early on Wednesday, with Brent jumping to over $114 and WTI exceeding $103 per barrel, as oil market participants weigh the stalled U.S.-Iran negotiations and the possibility of an extended U.S. blockade outside the Strait of Hormuz. Oi
Russia: Uae’s Exit from OPEC Will Increase Global Production, Bring Down Oil Prices in Future
Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future Reuters Russia says UAE's exit from OPEC will increase global production, bring down oil prices in future Reuters
INR: Oil-driven Pressures and Resilient Data – DBS
DBS Group Research economist Radhika Rao notes that India’s 10Y bond yield is moving back towards 7% as Brent Oil trades above $110 and markets price tighter policy. DBS Group Research economist Radhika Rao notes that India’s 10Y bond yield is moving back towards 7% as Bre
Oil: UAE Exit Seen Bearish over Time – MUFG
MUFG’s Michael Wan notes United Arab Emirates' (UAE) surprise decision to leave OPEC/OPEC+ from 1 May, driven by dissatisfaction with quotas and significant spare capacity. MUFG’s Michael Wan notes United Arab Emirates' (UAE) surprise decision to leave OPEC/OPEC+ from 1 Ma
China’s LNG Imports Collapse to Six-year Low as Prices Surge
China’s imports of liquefied natural gas this month are expected to be the lowest since 2018, based on data from Kpler, Bloomberg has reported, citing soaring prices. China’s imports of liquefied natural gas this month are expected to be the lowest since 2018, based on dat
UAE Exit from OPEC a Shrug Today but a “pumpathon” in Waiting the Market is Staring at a Headline That Looks Seismic on
UAE exit from OPEC a shrug Today but a "Pumpathon" in waiting The market is staring at a headline that looks seismic on paper but trades like a rounding error in real time. UAE exit from OPEC a shrug Today but a "Pumpathon" in waiting The market is staring at a headline th
Oil: UAE Exit Reshapes Supply Outlook – Commerzbank Commerzbank’s Dr. Henry Hao and Charlie Lay Note Brent and WTI
Oil: UAE exit reshapes supply outlook – Commerzbank Commerzbank’s Dr. Oil: UAE exit reshapes supply outlook – Commerzbank Commerzbank’s Dr. Henry Hao and Charlie Lay note Brent and WTI extended gains as the United Arab Emirates announced it will leave OPEC (Organization of
Oil Market Update: Oil Prices Holding Near Recent Highs Crude is Trading the Mechanics of Movement, Not the Theatre
Oil market update: Oil prices holding near recent highs Crude is trading the mechanics of movement, not the theatre around it. Oil market update: Oil prices holding near recent highs Crude is trading the mechanics of movement, not the theatre around it. The market has shif