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Home Archives for October 2023

Need to Know: From $150 oil to no impact at all: What the surprise attack on Israel means to markets

Posted By: EN Todayon: October 09, 2023In:
Need to Know: From $150 oil to no impact at all: What the surprise attack on Israel means to markets

There was something almost absurdist on the attention given this weekend to Israel’s peace talks with Saudi Arabia, and whether they would continue in light of the surprise attack from Gaza... Read more

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Futures Movers: Oil prices remain elevated as Hamas attack on Israel raises supply concerns

Posted By: EN Todayon: October 09, 2023In:
Futures Movers: Oil prices remain elevated as Hamas attack on Israel raises supply concerns

Oil prices climbed on Monday, as traders assessed implications for crude supplies after a surprise, deadly attack by Hamas on Israel over the weekend. Price action West Texas Intermediate cr... Read more

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OPEC hikes long-term oil demand outlook — in stark contrast to other predictions of peak crude

Posted By: EN Todayon: October 09, 2023In:
OPEC hikes long-term oil demand outlook — in stark contrast to other predictions of peak crude

OPEC and the IEA, both big names in the energy industry, are currently locked in a war of words over peak oil demand. In its 2023 World Oil Outlook, OPEC said it expected world demand to rea... Read more

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Cleveland green bank aims to bring clean energy to underserved communities

Posted By: EN Todayon: October 09, 2023In:
Cleveland green bank aims to bring clean energy to underserved communities

A Cleveland, Ohio, green bank is leading a multi-state effort to secure a chunk of $7 billion in funding for low-income residential solar installations under the federal Inflation Reduction... Read more

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Germany, France hold unprecedented cabinet retreat to oil creaky EU motor

Posted By: EN Todayon: October 09, 2023In:
Germany, France hold unprecedented cabinet retreat to oil creaky EU motor

By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – France and Germany’s governments kick off an unprecedented two-day retreat in Hamburg on Monday in a bid to re-set relations b... Read more

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: Exxon Mobil’s top shale exec arrested on sexual assault charge in Texas

Posted By: EN Todayon: October 08, 2023In:
: Exxon Mobil’s top shale exec arrested on sexual assault charge in Texas

David Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, was arrested in Texas and faces a charge of sexual assault. According to public records from the Montgomery... Read more

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Oil prices jump 4% in wake of Hamas attack on Israel

Posted By: EN Todayon: October 08, 2023In:

Oil prices popped on Monday as the Israel-Hamas conflict extends into a third day following a surprise attack on Israel by Palestinian militants Hamas. “For this conflict to have a las... Read more

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U.S. stocks skid, oil surges on Middle East uncertainty

Posted By: EN Todayon: October 08, 2023In:
U.S. stocks skid, oil surges on Middle East uncertainty

By Wayne Cole SYDNEY (Reuters) – U.S. stock futures slipped in Asia on Monday as the military conflict in the Middle East boosted oil and Treasuries, while the sizzling September U.S.... Read more

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Futures Movers: U.S. stock futures tumble, oil prices surge as Hamas attack on Israel rattles investors

Posted By: EN Todayon: October 08, 2023In:
Futures Movers: U.S. stock futures tumble, oil prices surge as Hamas attack on Israel rattles investors

U.S. stock-index futures fell and oil prices jumped late Sunday, as investors were rattled by geopolitical uncertainty after Hamas launched a surprise weekend attack on Israel. Dow Jones Ind... Read more

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Futures Movers: Oil prices jump 3% after Hamas attack on Israel

Posted By: EN Todayon: October 08, 2023In:
Futures Movers: Oil prices jump 3% after Hamas attack on Israel

Oil futures opened with strong gains late Sunday as traders reacted to an attack by Hamas on Israel, raising Middle East tensions and stoking worries about the outlook for crude supply. Pric... Read more

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