Tag: oil

Angola urges extra onshore oil funding to spice up manufacturing

(Bloomberg) – Angola’s president urged vitality corporations to spice up funding in onshore oil fields to counter a sustained decline in crude manufacturing.  ...

Kazakhstan plans to take a position chunk of oil wealth into AI infrastructure

(Bloomberg) – Kazakhstan is making ready to channel a few of its nationwide wealth into synthetic intelligence infrastructure, becoming a member of a world rush the place enterprise capital companies and energy-rich states...

🛢️ Oil Recap XTIUSD

U.S. crude inventories fell by 2.4M barrels final week (vs -1.9M anticipated), often a bullish signal for costs. But, WTI nonetheless dropped ~2%, weighed down by tariff...

Trump withholds Venezuelan oil approval for non-U.S. majors

Venezuelan president Nicolas Maduro (Bloomberg) -- The Trump administration is withholding approval for a...

Cenovus to accumulate oil sands producer MEG for $5.7 billion

Christina Lake operations. Picture: Cenovus Power Cenovus Power has entered right into a definitive...

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