The share price of Woodside Energy was quoted lower today (25 November 2022). However, the shares have gained more than 6% in the last one month and have moved up almost 29% in the last six months.
On 24 November 2022, Australia-based AGL Energy Limited (ASX:AGL) announced via an ASX filing that the company would shut down its Torrens Island ‘B’ power station on 30 June 2026.
Share price of Viva Energy (ASX:VEA) surged on ASX today after the company announced that it would buy Coles Express for AU$300 million.
el. In a significant development, EU leaders have reached an agreement to embargo 90% of Russian oil imports into the 27-nation bloc by the end of 2022 as part of fresh sanctions. However, the embargo only covers the oil transported by sea. T...
Highlights Crude oil prices had tumbled on Wednesday with ease in future supply concerns but recovered on Thursday. Over the past week, benchmark WTI crude oil futures recorded a drop of 1.23%, while Brent crude remained nearly stable. Share p...
Highlights Crude oil prices settled nearly 4% higher on Wednesday. The prices of both oil benchmarks are nearly 70% up over the last year. OPEC has reduced its 2022 crude oil demand forecast. Crude oil prices jumped nearly 4% on Wednesday...
The ongoing conflict between Russia and Ukraine has fuelled a rally in the commodity market. The prices of most of the commodities ranging from crude oil to agricultural products have surged to multi-year high levels. Shipping disruptions coupled ...
The Bureau of Safety and Environmental Enforcement (BSEE) stated that the US offshore energy production continues to struggle to get back on track even after a week since Hurricane Ida made landfall in Gulf of Mexico. Source: Copyright © 20...
Electric vehicles are gaining popularity worldwide as they have evolved technologically to offer better range at competitive prices without compromising on looks or features. Interestingly, the first electric car dates back to the 1800s and first o...
Summary White House has called on OPEC+ to bolster crude oil production to ease the pressure of rising fuel prices. The soaring gasoline prices are proving to be a hindrance to the economic recovery worldwide. The oil cartel had put a producti...