Smart airlines are saving billions due to oil price hedging
Commodity price hedging is a popular trading strategy often used by oil and gas producers and heavy consumers of energy commodities such as airlines to...
Oil prices rebound as crude supply tightens
By Charles Kennedy - July 01, 2022, 10:00 AM CDT Crude oil prices rose by 2 percent on Friday morning. Oil rebounded on the...
Oil prices confirm OPEC+ production increase of 648,000 Bpd
By Julianne Geiger - June 30, 2022, 8:00 AM CDT Oil prices recovered slightly on Tuesday morning after OPEC+ rubberstamped an expected increase in production...
Are oil prices going back to $ 120?
Reader Update: Whether you're a newcomer to the oil and gas industry or a fuel market veteran, you regret not signing up for a Global...
Premarket: Price limit on Russian oil can shake the market
A version of this story first appeared in the CNN Business Before the Bell newsletter. Not subscribers? You can sign up Right here. You can...
Fuel prices are causing chaos in Asia. The rest of the world has to worry
The CNN business - In Sri Lanka, people stand in queues for miles to refuel. In Bangladesh, stores are closed at 8 pm to save...
Gas prices may reach ‘apocalypse’ levels during hurricane season: oil expert
Industry experts warned Friday that gas prices could rise to their "record high" apocalypse if the storm caused significant disruption to US oil refineries. The...
Oil prices bounce because EIA failed to publish inventory data
The world’s most watched oil data report due to power issues will not be released this week. Oil prices, meanwhile, are rising on Friday to...
Is it too late to invest in an oil price rally?
The oil market is currently facing one of the most turbulent periods since the infamous March 2020 crash, as investors are facing fears of a...
Fuel stocks jump as oil rises again – prices rise in the summer
Top row Fuel stocks have once again outperformed the rest of the market as inflation and oil and gas prices continue to soar; Some experts...