Citi has been bearish on oil prices for months, calling for a $60-65/bbl target as early as December 2024, but turned even more bearish on concerns that U.S. tariffs will hurt global economic growth ...

"The recent sell-off has come with tariffs and OPEC+ adding supply back to market at an expedited rate, which could yet pause/reverse," Citi said. On Saturday, OPEC+ agreed to increase oil ...

Citigroup's Banamex unit had provided cash advances to Oceanografia, which provided drilling services to Mexico's state-owned oil company Petroleos Mexicanos (Pemex) (PEMX.UL), and collected ...

2-Year U.S. Treasury Note Continuous Contract $103.355 0.035 0.03% 5-Year U.S. Treasury Note Continuous Contract $107.648 0.078 0.07% 10-Year U.S. Treasury Note Continuous Contract $110.234 0.078 ...

Activist investor Elliott Management, now holding over 5% of BP through equity swaps, is pressing the oil giant to ramp up free cash flow to $20 billion by 2027, up from $8 billion last year.

The Houthis responded in a statement that “We affirm that the targeting of the Ras Isa oil port is a full-fledged war crime, as the port is a civilian facility and not a military one.” ...

In a statement on Wednesday, Citi confirmed to Business Insider that it told colleagues the office would be closing as the New York-headquartered bank continued to execute its "strategy to ...

SINGAPORE: Gold dealers in Singapore have seen sales of physical bars and coins soar in the first four months of the year. In the first quarter, Singaporeans bought 2.5 tonnes of gold bullion, a ...

Oil has made headlines during this coronavirus crisis, although not for reasons investors want to see. In addition to issues caused by international events, especially those that impede the safe ...

And in what certainly seems like a departure from previous rhetoric about the oil industry, Newsom called on the commission to make sure “refiners continue to see the value in serving the ...

Fans at Citi Field already were growing restless over Juan Soto’s early season slump, but many in the home crowd stood and cheered the $765 million man as he strode to the plate with a runner on ...