Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion.
Traders have poured a record $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO),
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Venezuela Oil Exports Top 1 Million Bpd in March.
Venezuela exported crude oil at a rate of over 1 million barrels
ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows.
The Group CEO of ADNOC has called on the world to act
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade
Middle East war dims global economic outlook, says IMF.
The International Monetary Fund (IMF) has warned that the ongoing war in the
Six More Weeks of Choked Hormuz Supply Could Send Oil to $200.
Oil prices could jump to $200 per barrel and even higher if
UAE Investment Firm Buys U.S. Midstream Gas Assets for $2.25 Billion.
2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed
Afreximbank underwrites $2.5bn of $4bn loan for Dangote refinery.
The five-year facility, arranged alongside Access Bank as co-mandated lead arranger, will
Gold finds footing near US$4,500 as Iran War enters fifth week.
Gold extended its first weekly gain since the Middle East conflict began,
Growth jitters lift Treasuries as stocks bounce.
Stocks rebounded while Treasuries rose on Monday as worries that the Iranian