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An increase in oil prices is unlikely to see hydrocarbon-exporting nations ratings return to pre-2015 levels, said S&P Global Ratings in a report Thursday, amid a surge in oil prices this year.

SEOUL, Feb. 4 (Xinhua) -- South Korea''s headline inflation topped 3 percent for four straight months in January due to a higher price for farm goods and oil products, statistical office data showed Friday. The consumer price index (CPI) stood at 104.69 in January, up 3.6 percent from a year earlier, according to Statistics Korea. The consumer price inflation hovered above 3 percent for the fourth consecut

Nigeria Losing Major Investors To Escalating Oil Theft

01:25am, Friday, 04'th Feb 2022 LEADERSHIP Newspaper
The oil sector is likely to witness further contraction as escalating theft and underinvestment have become a clog in the wheel of progress of the industry. Experts lament the oil theft phenomenon that has assumed huge and dangerous proportion, is a major disincentive to investment in the oil and gas sector. In 2021, the country []
In the opinion of strategists at TD Securities, oil is set to shoot into $100 territory should Russia supply risks materialize. Aluminium, nickel and
Greg posted the news Wednesday US time: OPEC+ agreed to increase oil output by 400,000 BPD from March. That is as expected. ANZ analysis: OPEC+ alliance was quick to rubber-stamp the increase at its monthly meeting, suggesting there are no dissenting voices to the monthly 400kb/d inc

Inflation in 19 countries using the euro hits another record

10:13am, Wednesday, 02'nd Feb 2022 ABC News
Inflation fed by high oil and gas prices hit record levels in Europe for the third month in a row
Oil cartel expected to stick to modest output increase while eurozone inflation is forecast to slow

Cypriots prefer hybrid or electric cars

05:41am, Wednesday, 02'nd Feb 2022 Financial Mirror
Some 85% of Cypriot car buyers would select either a hybrid or electric car the next time they purchase a vehicle, and only 15% would opt for petrol or diesel, according to a European Investment Banks (EIB) survey. The second part of the 2021-2022 EIB Climate Survey explores peoples views on climate change in a rapidly changing environment. When asked about future car purchases, 85% of Cypriot car buyers say they will buy a hybrid or electric car. This figure is 70 points higher than the percentage of Cypriots who said they would buy a diesel or petrol vehicle (15%). The post Cypriots prefer hybrid or electric cars appeared first on Financial Mirror .

Private US oil inventories

09:40pm, Tuesday, 01'st Feb 2022 Forexlive
Crude +1525K expected in tomorrow''s official report Gasoline +1645K expected in tomorrow''s report Distillates -1492K expected in tomorrow''s report There''s been no reaction in WTI, which is trading at $88.25.The huge builds in gasoline for five weeks straight have done nothi
Energy-related exchange traded funds continued to push higher as Exxon Mobil Corp (XOM) and Chevron Corp (CVX) revealed that elevated crude oil prices are helping energy companies enjoy big gains. Among the best-performing non-leveraged ETFs of Tuesday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 4.6%, the SPDR S&P Oil & Gas [] The post Energy ETFs Rally as Exxon Reports Surging Profits on High Oil Prices appeared first on ETF Trends .

ASX to rise; Wall Street advances

08:29pm, Tuesday, 01'st Feb 2022 The Australian Financial Review
Australian shares are set to open higher; $A tops US71¢; Philip Lowe outlook speech ahead; oil slides. Follow the latest here.
Oil prices soared to a 7-year high above $90 a barrel last month, stirring expectations of a return to triple digits.
Oil prices have continued to trade close to multi-year highs and within recently established ranges on Tuesday, with front-month WTI futures undulatin

Crude Oil Futures: Extra gains on the cards

07:10am, Tuesday, 01'st Feb 2022 FXStreet
CME Group’s preliminary readings for crude oil futures markets noted open interest increased by around 4.5K contracts after two daily pullbacks in a r

The Fundamentals Still Apply As Time Goes By

06:50am, Tuesday, 01'st Feb 2022 Seeking Alpha
When the correction is moderate, fundamentally strong stocks can be resilient. But when the correction is 10% or more nothing works. Q4 earnings season though is forcing investors to rethink
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