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Tag: NASDAQ

Oil down nearly 2% as trade war shakes confidence

Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China trade war knocked confidence in the global economy.

Scandinavia’s biggest offshore wind farm is officially open

The facility is located in the North Sea, off the west coast of Denmark.

Doubling down on Iraq investment, Crescent Petroleum CEO says

Majid Jafar, CEO of Crescent Petroleum, discusses the geopolitical risks hanging over the oil industry.

How a not-for-profit charity is helping Apple, Goldman Sachs and others to embrace renewables

Around the world, major businesses are saying they want to reduce their impact on the environment.

Qatar may be losing the top spot as world’s biggest LNG exporter

The U.S Energy Information Administration (EIA) says Australia is on track to consistently export more LNG than Qatar.

Oil prices nudge higher, eyes on speech by Fed chair

Oil prices clawed back the previous day’s losses on Friday, with Brent nudging above $60 a barrel.

There’s been an under investment in oil and gas assets: Worley

Andrew Wood of Worley says investment in the industry needs to continue in order to meet demand. He also says the business is now more diverse and "far more resilient" to external shocks.

Volkswagen says report of interest in investing in Tesla is ‘completely unfounded’

While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.

Prospect for oil prices ‘pretty good’ for the rest of the year, strategist says

Alan Custis, managing director and head of U.K. equities at Lazard Asset Management, discusses the Sino-U.S. trade war and oil markets.