Monday, September 15, 2025
Just a speed bump? Oil has taken a dive, but Goldman is still bullish- oil and gas 360

Just a speed bump? Oil has taken a dive, but Goldman is still bullish

CNBC A panic-induced sell-off in the oil market triggered by virus concerns has thrown the commodity’s upward march into question — but energy experts at Goldman Sachs don’t appear to be rattled. Fears over the surging delta coronavirus variant and a fresh supply boost agreement from OPEC+ sent oil prices tumbling down more than 7% as the trading week opened

Carbon capture is expected to play a pivotal role in the race to net zero emissions. But not everyone agrees- oil and gas 360

Carbon capture is expected to play a pivotal role in the race to net zero emissions. But not everyone agrees

CNBC LONDON — Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’ climate plans as well as the net-zero strategies of some of the world’s largest oil and gas companies. The topic is divisive, however, with climate researchers, campaigners and environmental advocacy groups arguing that carbon capture

China's oil imports from Saudi Arabia fall 19% in June, remains top supplier- oil and gas 360

China’s oil imports from Saudi Arabia fall 19% in June, remains top supplier

Reuters BEIJING – Saudi Arabia was China’s biggest crude oil supplier in June for the eighth consecutive month, customs data showed on Tuesday, while shipments from United Arab Emirates and Kuwait fell further, possibly signalling slower imports of Iranian oil. Arrivals of Saudi Arabian crude oil reached 7.2 million tonnes last month, equivalent to 1.75 million barrels per day (bpd),

Oil rebounds as market seizes on discounted prices- oil and gas 360

Oil rebounds as market seizes on discounted prices

Reuters NEW YORK – Crude oil futures rebounded on Tuesday as market participants vied to take advantage of oil’s two-month low hit in the previous session. Monday’s selloff, spurred by demand destruction fears amid rising COVID-19 cases, pushed oil about 7% lower and hit other riskier assets. While equities avoided a new selloff on Tuesday, U.S. Treasury and German bond