Today: July 06, 2024
Today: July 06, 2024

Latest From Georgina McCartney

Environment|News|Science

New shipping fuel requirements in Arctic risk worse oil spills, report says

The Arctic could face more severe environmental impacts from oil spills if shippers switch to very-low sulfur fuel oil (VLSFO) following new, restrictive fuel

New shipping fuel requirements in Arctic risk worse oil spills, report says
Economy|News|Political|World

Oil settles over 1% higher on mounting tension in Europe, Mideast

Oil settled more than 1% higher on Tuesday due to escalating geopolitical risk in Europe and the Middle East, where wars continue to threaten global supply.

Oil settles over 1% higher on mounting tension in Europe, Mideast
Business|Economy|Environment|News|Political

States sue US to block rule that oil firms guarantee payment to dismantle old wells

Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration's proposed rule that would require the offshore oil and

States sue US to block rule that oil firms guarantee payment to dismantle old wells
Business

Shipping industry faces fuel dilemma in bid to cut emissions

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large

Shipping industry faces fuel dilemma in bid to cut emissions
Business

U.S. oil futures settle lower as Fed takes stock before cutting rates

U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting U.S. interest rates in the near

U.S. oil futures settle lower as Fed takes stock before cutting rates
Business

Record output, tax dodge pushes up crude exports from US Gulf Coast

Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty year-end tax bill on

Record output, tax dodge pushes up crude exports from US Gulf Coast
Business|Economy|News

Oil settles higher on hopes Fed will track European Central Bank rate cuts

Oil settled up 2% on Thursday after the European Central Bank opted to cut interest rates, spurring hopes that the Fed will follow suit, and OPEC+ ministers

Oil settles higher on hopes Fed will track European Central Bank rate cuts
Business|Economy

Big Oil finds more to love in deepwater exploration fields

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia

Big Oil finds more to love in deepwater exploration fields
Economy

Oil extends fall as China's pledge to transform economy fails to impress

Oil prices fell for a second day on Tuesday as pledges by China, the world's biggest crude importer, to transform its economy amid stuttering growth since the COVID

Oil extends fall as China's pledge to transform economy fails to impress
Economy

Oil edges higher as US data offsets impact of Fed rate-cut outlook

Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel supplies and expectations of a delayed start to Federal Reserve

Oil edges higher as US data offsets impact of Fed rate-cut outlook
Economy|News

Oil settles lower as inflation data gives way to market jitters

Oil prices settled lower on Tuesday, after U.S. data stoked concerns that interest rates may stay high, but potential risks to supply from Mideast tensions

Oil settles lower as inflation data gives way to market jitters

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