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The underwhelming response of markets to last week's OPEC meeting shows ongoing skepticism over its output cut deal, says S&P Global Platts.
According to a report, Vanguard joined other fund investors voting against Exxon Mobil on climate change.
Exxon shareholders approved a proposal calling for the company to disclose the impact on its business of climate change guidelines.
As Russia's economy show signs of improving, its finance ministry remains positive on the outlook yet doesn't expect to let its guard down just yet.
Moody’s raised the outlook for Singapore banks to stable from negative on Wednesday, citing stabilizing commodity prices and improving growth conditions.
Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.
Venezuela's National Assembly leader threatened a later government may refuse to pay $2.8 billion in bonds that Goldman recently purchased.
The S&P energy sector trades roughly in line with the index a month after OPEC rolls over policy, but a few stocks outperform.
European bourses closed lower on Friday as losses in energy companies weighed down major bourses.
There may still be upside for crude oil prices even if the market appears to be let down by an OPEC production cut extension, analysts said Friday.
Oil prices dropped after OPEC announced it was extending production cuts, but Helima Croft sees higher prices ahead.
OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday, OPEC delegates said according to a Reuters report.
Traders pushed oil prices higher on Thursday morning ahead of a widely anticipated extension of the OPEC-led production cut agreement.
European markets ended lower Thursday as a sharp fall in oil prices weighed on sentiment, following news out of an OPEC meeting.
All eyes are on OPEC ahead of a highly-anticipated meeting later in the day, but the big downside risk comes from China, an analyst said.
President Trump's proposal to sell half of America's emergency oil stock seems "opportunistic", according to the CEO of Vedanta Resources.
The new White House budget proposes ending an oil and gas revenue-sharing program with the four states.
Market watchers are keeping a keen eye on Vienna this week as the Organization of the Petroleum Exporting Countries meet.
President Donald Trump's proposal to sell half of the U.S. Strategic Petroleum Reserves (SPR) will likely have little impact on OPEC's efforts to reduce a global oil glut, Goldman Sachs said on Tuesday.
Exxon has been battling subpoenas from NY Attorney General Eric Schneiderman, who is probing the company for fraud in its public statements about climate change.
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