Oil busines

Oil busines

A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo

Oil bears and bulls grapple as market puzzles over pandemic exit

Oil futures have already recovered to pre-pandemic levels, with Brent crude futures spiking $55 in less than a year to $70 a barrel this week while actual fuel demand remains weak

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys

Oil rises on fears of heightened tensions in Middle East

Photo: Bloomberg/ Bartek Sadowski

Oil climbs to 13-month highs, as supply cuts, demand optimism support

Photo: Bloomberg/ Bartek Sadowski

Oil’s remarkable rebound from a year of catastrophe

Hedge funds bet on oil's 'big comeback' after pandemic hobbles producers

Hedge funds bet on oil's 'big comeback' after pandemic hobbles producers

A combination of file photos shows the logos of five of the largest publicly traded oil companies; BP, Chevron, Exxon Mobil, Royal Dutch Shell, and Total. REUTERS/File Photo

Exxon, Chevron CEOs discussed merger in early 2020

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas US August 22, 2018. Picture taken August 22, 2018. Photo:Reuters

Big Oil hits brakes on search for new fossil fuels

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters

Oil prices fall on renewed coronavirus concerns as China cases mount

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Photo: Reuters

Saudi cut to boost oil market de-stocking, even as demand falters

A man looks at the exhaust chimneys and pipes of the oil refinery of Ras-Tanura in Saudi Arabia on Sept. 3, 1990. JACQUES LANGEVIN/SYGMA/SYGMA VIA GETTY IMAGES

Oil rises to 11-month high, logs weekly gain on Saudi output cut

A petrol station of French oil giant Total is pictured in Latresne near Bordeaux, France, November 19, 2018. REUTERS/Regis Duvignau/File Photo

The new black gold? Big Oil bets on retail networks in an electric era

A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee

Oil prices rally further on vaccine optimism despite inventory rise

Picture: Reuters

Oil rises on hopes for delay in OPEC+ supply increase