Oil Dips as Optimism Over Saudi-Led Production Cut Fades Fast
Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for
2023-06-06 08:16
Asian Stocks Set for Mixed Open as US Rally Pauses: Markets Wrap
Asian equities looked poised for mixed open Tuesday after US stocks pulled back short of entering a bull
2023-06-06 07:59
US Shale Seen Holding Firm on Returns Even as Saudis Cut Supply
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning
2023-06-06 06:48
PIF’s AviLease Nears Deal for Standared Chartered Jet Leasing Arm
AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund, is in advanced talks to acquire an
2023-06-05 23:25
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:15
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:56
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:18
IATA Latest: Profit May Hit $10 Billion, Twin Aisle Jet Crunch
The airline industry’s main lobby body is doubling its estimate for global net profit in 2023 as a
2023-06-05 15:19
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:58
Oil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ Meet
Oil advanced at the week’s open after Saudi Arabia said it will make an extra 1 million barrel-a-day
2023-06-05 06:56
Saudis Shoulder Burden of Stabilizing Oil Market With Extra Cuts
Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production
2023-06-05 03:25
NATO Chief Pushes Turkey to Allow Sweden to Join Alliance
NATO Secretary General Jens Stoltenberg said Sunday that Sweden has “fulfilled its obligations” to Turkey to bolster its
2023-06-04 23:48