This oil company is spending $14 billion to be part of the AI data-center business
Oil-services giant outbids rival to hitch a ride on the data center gravy train by buying a heat cooling company
Oil and Natural Gas Technical Analysis After US-EU Deal Boosts Sentiment
WTI crude oil is rebounding from the long-term support zone, but the direction remains uncertain, while natural gas prices are also rebounding from the $3 support level.
Oil rises as US-EU deal lifts trade optimism
Oil prices rose on Monday after the U.S. reached a trade deal with the European Union and may extend a tariff pause with China, reducing concerns that potentially higher levies would limit economic activity and impact fuel demand.
Oil News: Oil Demand at Risk as EU-US Trade Tensions Peak August 1st
Crude oil battles trade tensions despite 3.2M barrel inventory draw. EU-US tariff threats weigh on demand outlook as OPEC+ production decisions loom ahead.
Oil News: Crude Holds Above MAs as Traders Eye OPEC Production Signals and Supply Risk
Crude oil holds above key MAs as traders eye OPEC+ output signals, Iran talks, and Venezuela supply. Read the latest oil outlook and technical analysis.
Italy's Eni reports 25% drop in second-quarter profit on lower oil prices
Italian energy group Eni said on Friday its second-quarter earnings fell 25% year on year as lower oil price, refining margins and a weaker dollar overshadowed a better than expected performance of its gas business.
Crude Oil Price Outlook – Crude Oil Gives Up Momentum
The crude oil market rallied a bit in the early part of the Thursday session but have also given back a lot of momentum. While we sit on support in both grades of oil in this analysis, and therefore choppiness is what I expect.
Oil and Natural Gas Technical Analysis Amid Inventory Drop and Trade Optimism
WTI crude oil is consolidating within a bearish trend, while natural gas prices are falling in search of support amid heightened uncertainty.
Natural Gas and Oil Forecast: Tariff Risk and Surplus Outlook Cap Upside
WTI and Brent crude struggle under resistance, while natural gas fails to recover above $3.287; traders watch for breakdowns below key support zones.
Equinor rattled by falling oil prices and $1bn US hit
Norwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in the US. Lower oil prices led to a 12.5% drop in earnings to $6.54 billion, which was in line with forecasts.
Oil rises on Japan trade deal and stronger demand indicated by US inventories
Oil prices steadied in early trading on Wednesday after falling for three consecutive sessions as a U.S. trade deal with Japan signaled progress on tariffs and a poll showed U.S. crude stockpiles fell last week, indicating stronger demand.
Crude Oil Price Forecast: Slides Below 50-Day Average Amid Bearish Pressure
Despite a support zone near $65.00, crude's momentum remains bearish, and a decisive drop may lead to a test of $64.50 or lower.
