Bloomberg
Oil at Four-Month High Amid New Sanctions on Russia
Oil prices have hit a four-month high due to a fresh wave of US sanctions on Russia's energy industry, threatening to crimp supplies. The jump in prices may also provide a challenge for central bankers if it leads to stickier inflation....
Bloomberg
Oil Is Oversupplied, Set to Fall to $65 in Next Two Months, BofA's Blanch Says
Francisco Blanch, head of commodities and derivatives research at BofA Securities, discusses the outlook for oil prices. "Oil is likely going to come off into March," Blanch says on Bloomberg Television. "We're still in a very frail...
Bloomberg
Why Goldman Sees Gold as an Exciting Investment Opportunity
Daan Struyven, head of oil research at Goldman Sachs, says the firm likes gold as a hedge against the risks to the US economic outlook from tariffs and sovereign debt sustainability issues.
Bloomberg
New Mideast Tensions Threaten Oil Supplies: Rapidan's McNally
Rapidan Energy Group founder and President Bob McNally discusses the outlook for energy prices and supplies heading into 2025 on "Balance of Power."
Bloomberg
Trump Says EU Must Buy More US Oil and Gas or Face Tariffs
US President-elect Donald Trump, in a post on Truth Social, has threatened the EU with "tariffs all the way" if its member countries don't buy more American oil and gas. Bloomberg's Will Kennedy reports.
Bloomberg
Drill, Baby Drill to Be Very Difficult: Quantum Capital CEO
Quantum Capital Group CEO Wil VanLoh says, "at these prices, I don't see anybody drilling more," as he discusses expectations for President-elect Donald Trump's energy policy. VanLoh examines the need for permitting reform for energy...
Bloomberg
Yellen Talks Russia Sanctions, Tariffs and US Deficit
Treasury Secretary Janet Yellen says the US is looking for creative ways to curb Russia's revenue. Speaking with David Gura on "Bloomberg Open Interest," Yellen also discusses US-China relations, tariffs, currencies and US fiscal policy.
Bloomberg
Yellen Says Softer Oil Market Could Mean More Action on Russia
Treasury Secretary Janet Yellen says the US is constantly tightening sanctions on Russia and has been looking for creative ways to curb Russia's revenue. She speaks with David Gura on "Bloomberg Open Interest."
Bloomberg
Hari: OPEC+ Decision Is Most Realistic Optimum Outcome
OPEC+ has agreed to once again delay the revival of its oil production by three months. Vandana Hari, VANDA Insights' Founder spoke to Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche and explained that OPEC+'s...
Bloomberg
Vakhshouri: Trump's Effect on Oil Market a Wildcard
OPEC+ may defer its move to revive output as it meets today. Sara Vakhshouri, SVB Energy International's President & Founder told Bloomberg's Paul Allen on Horizons Middle East and Africa that while President-elect Donald Trump's shadow...
Bloomberg
OPEC+ Delays Revival of Its Oil Production
OPEC+ delayed the revival of its oil production by three months, the third time it's deferred the move while crude prices struggle amid a looming surplus. The group of nations won't increase production until April. Ellen Wald of the...
Bloomberg
Oil Tanker Captain Recounts Houthi Missile Attack
On the evening of January 26, Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil tanker, the Marlin Luanda, off the coast of Yemen. 10 months later he still has vivid memories of the...
Bloomberg
The Illicit Shipping Hub Hiding in Plain Sight
An armada of vessels operating near Asia's maritime thoroughfares moves hundreds of millions of barrels of sanctioned oil. Called the "dark fleet," the ships also risk environmental catastrophe.
Bloomberg
Azevedo: You Can See GDP Growing On UAE Streets
OPEC+ is heading towards an agreement to delay its oil production revival by another 3-months ahead of its meeting on December 5. But Miguel Azevedo Vice Chair for Investment Banking-MEA at Citi says the UAE has moved well beyond its...
Bloomberg
Alshammari: Uncertainty Among Oil Demand
OPEC+ has delayed a key meeting on oil production curbs to December 5. Yousef Alshammari, President of the London College of Energy Economics told
Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche that OPEC+ could...
Bloomberg
Pakcan: Nigeria Could Ease Rates in Q2 of 2025
Nigeria's inflation has risen to above 30% with the Central Bank expected to hike rates this week. But Ebru Pakcan Head of Middle East and Africa Cluster at Citi told Bloomberg's Paul Allen on Horizons Middle East and Africa that the...
Bloomberg
Williams: Mideast Conflict No Threat To GCC Economic Stability
Simon Williams, Chief Economist CEEMEA of HSBC spoke to Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche and explained that while uncertainty brings hesitancy amongst investors, data shows there is still strong growth...
Bloomberg
Saudi Non-Oil Activities to Keep Growing: Alibrahim
Saudi Minister of Economy and Planning Faisal Alibrahim tells Bloomberg Television he expects non-oil activities to increasingly contribute to the kingdom's economic growth, as they passed the 50% mark as a percentage of total real GDP. ...
Bloomberg
In Full: Saudi's Alibrahim on Cease-Fire, Budget, Growth
Saudi Minister of Economy and Planning Faisal Alibrahim discusses the kingdom's budget for 2025, economic growth prospects and non-oil activities in Saudi Arabia in an interview with Bloomberg's Joumanna Bercetche. He also comments on...
Bloomberg
The Global Oil Bribery Scheme Caught on Tape
The commodity trading industry has long been known for its shady behavior. But the trial of Javier Aguilar has brought to life the inner workings of a modern-day bribery scheme like never before.
Curated Video
Truth Be Told: Harris doesn't want to 'end all gas-powered cars'
An attack ad from former President Donald Trump claims Vice President Kamala Harris wants to "end all gas-powered cars." But here's why Scripps News has labeled that claim "mostly false." (Scripps News)
Curated Video
Oil prices jump on discussion of Israeli strike on Iranian facilities
There is growing anxiety about the impact of a widening war in the middle east on oil prices. Brent Crude jumped to more than $77 a barrel Thursday. (Scripps News)
Press Association
Starmer and Miliband lay out plans for a state-owned energy firm, Great British Energy - in full
Sir Keir Starmer and Energy Secretary Ed Miliband speak in Runcorn, Cheshire, as they launched the Government’s plan for a state-owned energy firm, Great British Energy. They are introduced by Susan Wiseman from Hutchinson Engineering.
Press Association
PM: Reaping benefits of clean power will ‘take time’ but bills will fall by £300
Sir Keir Starmer has warned it will “take time” to reap the benefits of clean power initiatives but stood by a claim that Labour’s plans will eventually drive down household bills by £300 a year amid confusion over the commitment. The...