Oil prices rise on economic outlook

Oil prices edged higher on Tuesday as China unexpectedly cut key policy rates for the second time in three months to shore up a sputtering economic recovery, but sluggish economic data from the country put a

When looking for stocks with the potential to multiply in value over the long term, it is important to identify early trends. Two key indicators to consider are a growing return on capital employed (ROCE) and

Oil prices rose for a second day on Friday, set for their sixth week of gains, after Saudi Arabia and Russia, the world’s second and third-largest crude producers, pledged to cut output through next month. Brent

Oil prices rose on Friday and notched a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fueled

Oil climbed almost 1% on Thursday, recouping losses from the previous session, supported by supply tightness owing to OPEC+ production cuts and renewed optimism on the outlook for Chinese demand and global growth. Crude has posted

A year ago, with the outbreak of war in Ukraine and the disruption of energy supplies, Goldman Sachs Research predicted that the oil and gas industry would emerge from a prolonged period of underinvestment and embrace significant new

Oil prices barely moved on Wednesday as markets weighed a possible build in U.S. crude stockpiles and economic concerns against planned supply cuts by the world’s biggest oil exporters and hopes for higher global demand. Brent futures fell 6

Crude oil price trades with calm positivity to fluctuate around 70.50 level, to keep the bullish trend scenario valid and active, which targets testing 71.55 level as a next station. The EMA50 supports the price from

Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world’s largest producers. Brent

Oil prices increased modestly in early trade on Wednesday as investors await Federal Reserve Chairman Jerome Powell’s much-anticipated congressional testimony later in the day, overshadowing demand concerns caused by China’s interest rate decrease. Powell’s speech is

Serinus Energy, a premier energy business, successfully reconditioned Tunisia’s Sabria oil reserve on Monday, marking a major milestone in the country’s energy sector. Serinus is an upstream oil and gas exploration and production business with assets

The oil company Serinus Energy announced on Monday that it has completed workover operations on the Sabria N-2 well in Tunisia. Serinus is an upstream oil and gas exploration and production company that owns and operates

Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world’s biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output

Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures and forecasts for oil demand to rise in the second half of the year, while supplies from Canada and OPEC+ declined in

Oil prices rose a dollar a barrel on Monday after three straight sessions of declines, boosted by the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures

Oil prices rose over 2% on Monday as U.S. recession fears eased and some traders saw crude’s three-week slide on demand worries as overdone. Brent crude settled up $1.71, or 2.3%, at $77.01. U.S. West Texas

Serinus Energy has announced that the CTF-004 rig has completed rig-up and commenced workover operations on the Sabria N-2 well in Tunisia. This operation will recomplete the N-2 well and remove any wellbore restrictions.  This well was