Mining and commodities giant Glencore announced it would put $4.5bn back in shareholders pockets today after it reported record half-yearly profits of $18.9bn on the back of soaring metal prices and market volatility. The group’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $18.92bn in the six months to June, compared with...Continue Reading

Saudi Arabia And The UAE Won’t Be Tapping Emergency Oil Capacity | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Aug 04, 2022, 10:00 AM CDT Sources: Saudi Arabia and the United...Continue Reading

WTI Oil Dips Below $90 For The First Time Since Ukraine War Began | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 04, 2022, 9:45 AM CDT The U.S. crude...Continue Reading

ConocoPhillips Raises Shareholder Payout By $5B On Profit Surge | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 04, 2022, 9:30 AM CDT ConocoPhillips (NYSE: COP) lifted its 2022 shareholder...Continue Reading

Freeport LNG To Restart Most Production By October | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 04, 2022, 9:00 AM CDT Freeport LNG will resume most of its operations by October...Continue Reading

Saudi Arabia Lifts Crude Prices To Asia To Record High | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Aug 04, 2022, 8:15 AM CDT Saudi Arabia hiked its OSPs for September...Continue Reading

UN Chief Urges Tax On Oil Industry For “Grotesque Greed” | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 04, 2022, 8:00 AM CDT The secretary-general of the United Nations, Antonio Guterres,...Continue Reading

Why The West Is Easing Its Sanctions On Russia | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Aug 03, 2022, 8:00 PM CDT While the EU remains determined to punish Russia for...Continue Reading

Commodities Trading: The Secret Behind Big Oil’s Bumper Earnings | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 03, 2022, 7:00 PM CDT Energy traders saw their profits spike during the pandemic, and continue to perform well in...Continue Reading

Germany’s Natural Gas Crunch Could Cause Supply Chains To Collapse | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Aug 03, 2022, 6:00 PM CDT Germany’s natural gas crisis could lead...Continue Reading