Iran and Syria are reportedly weighing the possibility of forming a joint cooperation venture in the fields of oil and gas, according to Tehran. The Islamic Republic News Agency, a state-funded media ...
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A billion-barrel oil glut is forming at sea
The oil market is grappling with whether sanctioned Russian and Iranian cargoes should still be counted as supply. This may explain why oil prices have been slow to react to a huge glut that is ...
A BofA Global Research report sent to Rigzone recently noted that BofA sees 'a[n] [oil price] floor likely forming at $55 per barrel'. A BofA Global Research report sent to Rigzone by the BofA team ...
0844 GMT - Gold prices slip, but continue to hold above the $4,200 mark as investors await Federal Reserve Chair Jerome Powell's interest-rate guidance for next year. Futures in New York are down 0.1% ...
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