Bloomberg
Oil Hits High for the Year as Supply Risks Grow
Oil is little changed after climbing to the highest in almost nine months. There are concerns a possible escalation of the conflict between Russia and Ukraine may choke off more supplies. Su Keenan reports on Bloomberg Television.
Bloomberg
Goldman Sachs' Jeff Currie Set to Leave Bank
Jeff Currie, Goldman Sachs' global head of commodities research, is leaving the bank after 27 years. The departure was announced in a memo to staff on Monday. Bloomberg's Jonathan Ferro has the latest on "Bloomberg Surveillance."
Bloomberg
Rising Tensions Put Moscow Oil Flows at Risk
The footprint of Vladimir Putin's war on Ukraine is growing fast after a weekend in which sea drones crippled a Russian naval vessel and oil tanker. Bruce Einhorn reports on Bloomberg Television.
Bloomberg
Oil Prices Will Move Higher in Second Half: Beveridge
"Oil inventories will continue to draw and prices are going to move higher, certainly in the second half of the year." Neil Beveridge, senior oil analyst at Sanford C. Bernstein, discusses the rally in oil prices, demand in China and his...
Bloomberg
Fat Prophets' Lennox on Commodities Markets
David Lennox, resource analyst at Fat Prophets, discusses his outlook and investment strategies for commodities markets. He speaks with Bloomberg's Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak: Australia."
Bloomberg
IG Australia's Sycamore on Market Outlook
Tony Sycamore, market analyst at IG Australia, discusses his outlook for US Treasuries, Japanese government bonds and oil. He speaks on "Bloomberg Markets Asia."
Bloomberg
Oil Trading Higher After Posting Sixth Weekly Gain
Oil is up with West Texas Intermediate trading near $83 a barrel at the start of the week in Asia. Oil capped a sixth weekly gain on Friday, the longest rising streak since June 2022. Annabelle Droulers reports on Bloomberg Television.
Press Association
Greenpeace protesters bailed following roof-top protest at PM’s home
A group of Greenpeace activists arrested following an anti-oil protest on the roof of Rishi Sunak’s constituency manor house have been released while inquiries continue, police have said. North Yorkshire Police, who have come under...
Bloomberg
Hamm Says Oil Could Reach $80 by Year's End
Billionaire shale pioneer and Continental Resources Chairman Harold Hamm says the US could be producing even more oil than it does now. He expects crude to finish the year in the high $70s or low $80s a barrel. Hamm speaks to Bloomberg's...
Bloomberg
Pioneer Leaders on Oil Prices, Lithium Mining, Earnings
Pioneer Natural Resources Co. CEO Scott Sheffield and Richard Dealy, the incoming CEO, talk about oil prices, testing out lithium mining, and their succession plan. They speak on "Bloomberg Markets: European Close."
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Press Association
UK energy leaders leave Downing Street following meeting with Grant Shapps
UK’s energy industry leaders leave Downing Street following a meeting with energy security secretary, Grant Shapps.
Bloomberg
Oil Prices Rise as Report Points to Huge Drawdown in US Inventories
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to signals the market is tightening. West Texas Intermediate climbed above $82 a barrel, overturning Tuesday's 0.5% loss. The American...
Bloomberg
India's Russian Oil Exports Extend Drop
Indian imports of Russian oil dropped for a second month and are expected to slip even further as the key OPEC+ producers start trimming exports to help balance the global market. Rakesh Sharma reports on Bloomberg Television.
Bloomberg
China's Oil Demand May Have Peaked for 2023
Chinese demand for fuels and other oil-derived products may have already peaked for this year. Su Keenan reports on Bloomberg Television.
Press Association
BP posts £2bn quarterly profit but falls below expectations
Oil giant BP has revealed that profits tumbled by more than two-thirds over the latest quarter, falling below expectations. The company said on Tuesday that it will hand more cash to investors through higher dividends and a further share...
Bloomberg
BP CEO Looney on Shareholder Returns, Gas Trading, Oil Prices
BP CEO Bernard Looney discusses shareholder returns, gas trading and oil demand after the firm's second-quarter profit fell by more than expected. He speaks with Dani Burger on "Bloomberg Markets Today."
Press Association
Grant Shapps visits Teeside gas terminal
Footage of Energy Security Secretary Grant Shapps as he visited Teesside's Transmission System Gas Terminal following the Government's announcement that hundreds of new oil and gas licences will be granted in the UK.
Bloomberg
Dollar Strength a Headwind for Commodity Markets: Hynes
"Strength in the US Dollar has been a significant headwind for commodity markets." Daniel Hynes, senior commodity strategist at ANZ, discusses the oil market, global commodity prices and demand in Asia. He speaks on Bloomberg Television.
Bloomberg
BofA's Blanch Sees Inflection Point in Oil Market
Francisco Blanch, Bank of America's head of commodities research, discusses the outlook for the oil market with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The Close."
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Bloomberg
Shell Hikes Dividend, Raises Buybacks as Profit Falls
Shell Chief Executive Officer Wael Sawan discusses second-quarter results on "Bloomberg Markets Today."
Press Association
Just Stop Oil protesters block Southwark Bridge
Just Stop Oil protesters block traffic on Southwark Bridge, London.
Bloomberg
US Senate Votes to Ban Sales of Strategic Oil Reserves to China
The US Senate has voted to block China from buying oil from emergency stockpiles. Strategic Reserves are at a 40-year-low following the Biden administration's 180 million barrel drawdown last year to help tame oil prices. Jodi Schneider...
Bloomberg
Citigroup's Ed Morse Sees $90 Ceiling for Crude
Ed Morse, global head of commodities research at Citigroup, says without "wild card" weather-related disruptions he expects crude oil to remain below $90 on "Bloomberg Surveillance."
Bloomberg
IEA Cuts 2023 Global Oil Demand Outlook on Slowing Economies
Global oil demand isn't expected to grow as fast this year as previously thought due to the faltering economies of developed nations, according to the International Energy Agency. IEA Head of Oil Markets Division Toril Bosoni joins "The...