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Oil prices steady as strong dollar offsets bullish inventory draw By Investing com

Oil prices steady as strong dollar offsets bullish inventory draw By Investing com
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaOrganization of petroleum exporting countries onFederal reservePetroleum exporting countriesGoldman sachs

Five key charts to watch in global commodity markets this week

Biodiesel fans will be keenly awaiting an announcement this week by the US Environmental Protection Agency on how much of the renewable product must be blended into the nation’s fuel supply.

United statesSaudi arabiaSouth koreaOrganization of petroleum exporting countries onUs department of agricultureInternational energy agency onGoldman sachs group incEnergy information administrationView full imageJapan korea markerBoth europeDemocratic republicGoldman sachs groupPetroleum exporting countriesInternational energy agencyGlobal commodity markets

Oil Steadies at $100 but Still Heads for 5th Weekly Loss

The global oil benchmark steadied Wednesday at $100.79 after falling 7% overnight, but it is headed for its longest streak of weekly losses this year.

United statesJeffrey halleyElon muskOrganization of petroleum exporting countries onFederal reserveAmerican petroleum institutePetroleum exporting countriesMi exclusiveOil marketGlobal oil marketBrent crudeOil and gasCrude oilTi crudeAhra tayeb

OPEC taps Kuwait s Haitham al-Ghais as its next public face - AZERTAC - Azerbaijan State News Agency

OPEC chose veteran Kuwaiti oil executive Haitham al-Ghais to become the organization’s top diplomat, as the group and its allies navigate a delicate recovery from the pandemic, according to Al Jazeera. Al-Ghais – a multilingual technocrat whose three-decade oil industry career includes stints in Beijing and London

City ofUnited kingdomHaitham al ghaisMohammad barkindoJohannes benigniAl jazeeraEnergy groupOrganization of petroleum exporting countries onPetroleum exporting countries

OPEC taps Kuwait s Haitham al-Ghais as its next public face | Oil and Gas News

Haitham al-Ghais will become OPEC’s secretary-general in August.

Saudi arabiaUnited arab emiratesCity ofUnited kingdomSalma el wardanyHaitham al ghaisMohammad barkindoJohannes benigniSaudi energyGroup tensionsEnergy groupKuwait petroleum corpOrganization of petroleum exporting countries onPetroleum exporting countriesSecretary generalEnergy minister prince abdulaziz