EU weighs emergency talks as oil tops $100 and JPMorgan admits it can’t forecast prices
Euro-area finance ministers met in Dublin on September 18 to weigh an emergency session on energy costs after Brent crude…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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US oil and gas rig count climbs to 595 as production edges lower
The US active rig count rose to 595 this week, with both oil and gas rig counts climbing, according to…
Fed’s Rate Hike Could Backfire If Oil Prices Collapse, Futures Curve Suggests
The Federal Reserve's September interest rate hike, its first in over three years, could backfire if oil prices fall as…
Saudi Arabia Reroutes Oil Through Hormuz as East-West Pipeline Stays Shut
Saudi Arabia has sold up to 60 million barrels of crude for September and October loadings via ship-to-ship transfers near…
Global shares and bonds slip as BOJ, Fed rate hikes leave yen weaker
Global shares and bonds fell on Friday as the Bank of Japan's rate hike failed to support the yen, capping…
