Bloomberg
Oil Extends Rally as OPEC Signals Supply Crunch
Oil extended its rally in the New York session, touching fresh highs for the year, as OPEC data show Saudi Arabia-led supply cuts are creating a supply squeeze. Su Keenan reports on Bloomberg Television.
Bloomberg
BP CEO Looney to Step Down
BP CEO Bernard Looney has resigned with immediate effect over the failure to fully disclose past relationships with colleagues. Alix Steel reports on "Bloomberg Markets."
Bloomberg
Saudi-Driven Oil Rally Set to Continue
Oil prices are in focus after Saudi Arabia and Russia extended output cuts to the end of the year. Brent crude remains above $90 a barrel and New York traded futures are within striking distance of that level. Su Keenan reports on...
Bloomberg
Brent Could Touch $100, But Big Move Up Has Happened: Sen
Amrita Sen, director of research at Energy Aspects, expects oil prices to remain "mainly stable from here," and explains why demand won't be impacted unless oil reaches $120 a barrel. She speaks with Tom Keene on "Bloomberg Surveillance."
Bloomberg
Natural Gas Markets Will Be Extremely Volatile: Rice
Toby Rice, EQT CEO and president, says natural gas markets will continue to be extremely volatile. He's on "Bloomberg Markets."
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Bloomberg
First Look With Surveillance: US Dollar, Bonds, Oil Supply
Dani Burger and Sonali Basak take you through what to watch today.
Bloomberg
OPEC+ Key Members Extend Output Curbs
Oil held near the highest since November after OPEC+ leaders Saudi Arabia and Russia announced that they would extend supply curbs through the end of the year, tightening the global market. Ben Sharples reports on Bloomberg Television.
Bloomberg
How the Saudi Oil Output Cut Impacts Markets
Saudi Arabia prolonged its unilateral oil production cut by another three months. Julia Fanzeres has more on what this could mean for markets on "Bloomberg Markets: The Close."
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Bloomberg
Is Oil's Rocky Run Going to Continue?
Saugata Saha, president of S&P Global Commodity Insights, discusses the outlook for oil, which extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market. Oil's...
Bloomberg
Xi Planning to Skip G-20 Summit as China-India Tensions Mount
Chinese President Xi Jinping is said to be skipping the Group of 20 summit in New Delhi next week, a snub that's likely to aggravate strains with India. Meanwhile, US Treasury Secretary Janet Yellen will make her fourth visit to India in...
Bloomberg
Saudi Arabia's Ades to List as Riyadh's Biggest 2023 IPO
Saudi Arabia's Ades International Holding is set to list in Riyadh in an offering that will consist of 338.7 million shares, or a 30% stake in the company, and could raise about $1 billion. Matthew Martin reports on Bloomberg Television.
Bloomberg
What to Watch for at the BRICS Summit
Chris Turner, ING Bank head of FX strategy, talks about what to watch for at the BRICS summit in South Africa this week. On the agenda: expanding the group and coming up with a common currency.
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Bloomberg
Construction Materials Really Weak in China: Zhao
"Construction materials are really weak." Matty Zhao, co-head of APAC basic materials, oil & gas research at BofA Securities, discusses commodities demand in China and her outlook for the sector. She speaks on Bloomberg Television.
Bloomberg
Oil Hits Two-Week Low Amid Growing China Woes
Oil is steady after plunging to the lowest in almost two weeks. There are growing concerns that China's faltering economy will erode demand. Su Keenan reports on Bloomberg Television.
Bloomberg
Ukraine Energy Minister: Reserves Need to Be Increased
Ukraine Energy Minister German Galushchenko discusses the current state of energy storage in Europe amid the war with Russia. He speaks with Guy Johnson and Alix Steel on "Bloomberg Markets."
Bloomberg
Oil Hits High for the Year as Supply Risks Grow
Oil is little changed after climbing to the highest in almost nine months. There are concerns a possible escalation of the conflict between Russia and Ukraine may choke off more supplies. Su Keenan reports on Bloomberg Television.
Bloomberg
Goldman Sachs' Jeff Currie Set to Leave Bank
Jeff Currie, Goldman Sachs' global head of commodities research, is leaving the bank after 27 years. The departure was announced in a memo to staff on Monday. Bloomberg's Jonathan Ferro has the latest on "Bloomberg Surveillance."
Bloomberg
Rising Tensions Put Moscow Oil Flows at Risk
The footprint of Vladimir Putin's war on Ukraine is growing fast after a weekend in which sea drones crippled a Russian naval vessel and oil tanker. Bruce Einhorn reports on Bloomberg Television.
Bloomberg
Fat Prophets' Lennox on Commodities Markets
David Lennox, resource analyst at Fat Prophets, discusses his outlook and investment strategies for commodities markets. He speaks with Bloomberg's Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak: Australia."
Bloomberg
Oil Trading Higher After Posting Sixth Weekly Gain
Oil is up with West Texas Intermediate trading near $83 a barrel at the start of the week in Asia. Oil capped a sixth weekly gain on Friday, the longest rising streak since June 2022. Annabelle Droulers reports on Bloomberg Television.
Bloomberg
Hamm Says Oil Could Reach $80 by Year's End
Billionaire shale pioneer and Continental Resources Chairman Harold Hamm says the US could be producing even more oil than it does now. He expects crude to finish the year in the high $70s or low $80s a barrel. Hamm speaks to Bloomberg's...
Press Association
UK energy leaders leave Downing Street following meeting with Grant Shapps
UK’s energy industry leaders leave Downing Street following a meeting with energy security secretary, Grant Shapps.
Bloomberg
Oil Prices Rise as Report Points to Huge Drawdown in US Inventories
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to signals the market is tightening. West Texas Intermediate climbed above $82 a barrel, overturning Tuesday's 0.5% loss. The American...
Bloomberg
China's Oil Demand May Have Peaked for 2023
Chinese demand for fuels and other oil-derived products may have already peaked for this year. Su Keenan reports on Bloomberg Television.