Anthony Di Paola
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Oil Jumps As Libyan Call To Halt Sales Compounds Mideast Tension
Oil advanced after an Israeli strike on Hezbollah targets in southern Lebanon raised tensions in the Middle East. Global benchmark Brent rose toward $80 a barrel, while West Texas Intermediate climbed past $75.
- Monday August 26, 2024
- Author: Julia Fanzeres, Anthony Di Paola
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UAE Oil Giant Buys Into NextDecade LNG In First US Deal
The main oil company of the United Arab Emirates bought a stake in NextDecade Corp.’s natural gas export project in Texas, its first acquisition in the US that will also give it supply from the plant for 20 years.
- Tuesday May 21, 2024
- Author: Anthony Di Paola
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UAE Oil Giant Buys Into NextDecade LNG In First US Deal
The main oil company of the United Arab Emirates bought a stake in NextDecade Corp.’s natural gas export project in Texas, its first acquisition in the US that will also give it supply from the plant for 20 years.
- Tuesday May 21, 2024
- Author: Anthony Di Paola
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Aramco Keeps $31 Billion Payout Amid Saudi Budget Deficit
Aramco will pay $31 billion in dividend to the Saudi government and other investors despite lower profit, as the kingdom’s economy continues to struggle with a budget deficit.
- Tuesday May 7, 2024
- Author: Kateryna Kadabashy, Anthony Di Paola
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Aramco Keeps $31 Billion Payout Amid Saudi Budget Deficit
Aramco will pay $31 billion in dividend to the Saudi government and other investors despite lower profit, as the kingdom’s economy continues to struggle with a budget deficit.
- Tuesday May 7, 2024
- Author: Kateryna Kadabashy, Anthony Di Paola
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Oil Traders Weigh Risks Of Iran-Israel Conflict In Tight Market
The escalating conflict between Iran and Israel will force oil traders to reevaluate the geopolitical risk premium they need to apply to a market where tight supply-demand fundamentals have already driven prices above $90 a barrel.
- Monday April 15, 2024
- Author: Anthony Di Paola, Salma El Wardany, Ben Bartenstein
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Oil Traders Weigh Risks Of Iran-Israel Conflict In Tight Market
The escalating conflict between Iran and Israel will force oil traders to reevaluate the geopolitical risk premium they need to apply to a market where tight supply-demand fundamentals have already driven prices above $90 a barrel.
- Monday April 15, 2024
- Author: Anthony Di Paola, Salma El Wardany, Ben Bartenstein
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Oil Traders Weigh Risks Of Iran-Israel Conflict In Tight Market
The escalating conflict between Iran and Israel will force oil traders to reevaluate the geopolitical risk premium they need to apply to a market where tight supply-demand fundamentals have already driven prices above $90 a barrel.
- Monday April 15, 2024
- Author: Anthony Di Paola, Salma El Wardany, Ben Bartenstein
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Saudi Arabia Hikes Key Oil Prices Further As Market Tightens
Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month after OPEC+ agreed to keep current supply cuts in place and the Middle Eastern oil market shows signs of strengthening.
- Friday April 5, 2024
- Author: Anthony Di Paola, Sharon Cho, Serene Cheong
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OPEC Chief Says Robust Oil Demand Makes Peak Look ‘Far Out’
OPEC’s top official said global oil demand will continue strong growth this year and a peak in consumption doesn’t appear to be on the horizon.
- Tuesday February 13, 2024
- Author: Salma El Wardany, Anthony Di Paola
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Saudi Aramco Keeps Sending Oil Through Houthi-Menaced Red Sea
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where Houthi militants have for months been menacing merchant ships in response to Israel’s war in Gaza.
- Friday January 26, 2024
- Author: Matthew Martin, Anthony Di Paola
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Saudi Aramco Keeps Sending Oil Through Houthi-Menaced Red Sea
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where Houthi militants have for months been menacing merchant ships in response to Israel’s war in Gaza.
- Friday January 26, 2024
- Author: Matthew Martin, Anthony Di Paola
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Iran Captures Oil Tanker Off Oman In Deepening Mideast Turmoil
An oil tanker previously seized by the US for carrying illicit Iranian oil, was boarded by people in military-style uniforms off the coast of Oman.
- Thursday January 11, 2024
- Author: Rakteem Katakey, Alex Longley, Anthony Di Paola
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Saudi Arabia Cuts Oil Prices To Asia As Market Weakness Persists
Saudi Aramco reduced its flagship Arab Light price to Asia by $2 to $1.50 a barrel above the benchmark.
- Sunday January 7, 2024
- Author: Sherry Su, Alfred Cang, Anthony Di Paola
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India Warns Oil Producers On Prices: "Actions Have Consequences"
Oil minister Hardeep Singh Puri said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
- Thursday December 7, 2023
- Author: Manus Cranny and Anthony Di Paola