Tag: Oil
Oil and gas prices soar after Hamas offensive against Israel
TotalEnergies oil refinery in Donges, western France (AFP/LOIC VENANCE) Oil prices soared on Monday after the surprise offensive this weekend by the Palestinian Islamist movement Hamas against Israel, with the…
Oil: No immediate impact of the conflict in Israel on stocks, according to Goldman Sachs
(Reuters) – The ongoing attacks in Israel will not have a major short-term impact on oil stocks, Goldman Sachs estimates in a note. The bank adds, however, that these attacks…
Oil and armaments in demand: US stock markets appear robust
Oil and armaments in demand US stock markets appear robust October 9, 2023, 11:33 p.m The terrorist attack on Israel does not cause shocks on Wall Street. The US stock…
“Countries are rethinking energy transition”: OPEC expects increasing oil demand
“Countries are rethinking energy transition” OPEC expects increasing oil demand October 9, 2023, 4:15 p.m Listen to article This audio version was artificially generated. More info | Send feedback The…
Market: OPEC revises upward long-term oil demand
by Alex Lawler LONDON (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) has revised upwards its forecasts for global oil demand in the medium and long term and…
Oil prices soar due to Hamas offensive against Israel
TotalEnergies oil refinery in Donges, western France (AFP/LOIC VENANCE) Oil prices soared by more than 4% on Monday after the surprise offensive this weekend by the Palestinian Islamist movement Hamas…
Soaring olive oil prices alarm Spaniards
Is olive oil about to become a luxury product in Spain? In any case, it is increasingly common to find anti-theft bottles on the shelves of Spanish supermarkets. “The prices…
“The oil shock of 1973 established the importance of monetary policy as the dominant tool in the fight against inflation”
Lhe oil shock of 1973 led to an economic crisis in developed economies, the consequences of which put an end to thirty years of prosperity, growth and full employment. In…
“The oil shock of 1973 was a catalyst for the growth of the financial sector”
Lhe energy crisis of 1973 not only had an impact on inflation and production, but also profoundly disrupted the financial sector. If it paradoxically first created a favorable opportunity for…
“Far from generalizing practices of sobriety, the oil shock of 1973 led on the contrary to a headlong rush”
D‘endless lines of cars in front of American gas stations; Dutch motorists banned from driving on Sunday; petrol ration tickets distributed to the British. So many restrictions and calls for…
Market: Europe ends hesitantly, between appeasement on rates and decline in oil
PARIS (Reuters) – European stock markets ended on a hesitant note on Wednesday, divided on the one hand between economic data which confirmed the slowdown in American activity and helped…
Europe ends hesitantly, between appeasement on rates and decline in oil – 10/04/2023 at 6:06 p.m.
The emblem of the London Stock Exchange PARIS (Reuters) – European stock markets ended on a hesitant note on Wednesday, divided on the one hand between economic data which confirmed…