With no breakthrough in Geneva and tensions simmering, Brent crude holds near $72 as traders brace for the next move.
Italian energy major Eni is weighing a return to oil and gas trading, seeking the outsized returns enjoyed by rivals BP, Shell and TotalEnergies as geopolitical tensions fuel energy price volatility.
“There’s an awful lot of oil that is temporarily at sea because of blockades, sanctions, etc. around the world,” said Jason Prior, the head of oil trading at Bank of America Corp. “That is holding up ...
Eni (E) is considering a return to oil and gas trading, as it seeks the billions in returns enjoyed by European rivals BP, ...
LONDON (Reuters) - BP's trading arm made nearly $4 billion in 2020, according to a copy of an internal BP presentation seen by Reuters, almost equalling the record trading profit in 2019 despite the ...
Wall Street turns to gold when the economy shows warning signs of a potential downturn, but gold isn't the only commodity worth investing in. Diversifying your portfolio with crude oil, crops, and ...