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Surprise Inventory Build Starts To Eat Into Oil Price Rally

An unexpected build in crude oil inventories supressed oil prices on Tuesday afternoon

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WTI Crude Sheds 2% As Global Demand Concerns Weigh

Demand concerns rose to the forefront again on Wednesday following a surprise build in U.S. crude oil inventories that has shaved over a dollar off Brent and WTI prices in afternoon trading

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TotalEnergies Set To Start Drilling In Lebanon Later This Year

French TotalEnergies is set to launch long-awaiting drilling offshore Lebanon in Q3 of this year, with the restive, energy-starved country now awaiting news of a potential first discovery by the end of 2023

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NextEra To Sell Natural Gas Pipelines In 100% Transition To Renewables

Renewable energy giant NextEra Energy Partners is planning to offload all of its natural gas pipelines to focus on clean energy expansion exclusively by 2025

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Oil Gains Nearly 2% After Overblown Selloff

Brent crude oil was up nearly 2% on Monday, largely driven by the easing of economic slowdown fears in the U.S.

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