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Special reports

Oil prices down on US stock builds

Oil prices are losing some of yesterday’s gains as API reports an unexpected stock build in US crude inventories.


Oil majors set first joint carbon target

The members of the Oil and Gas Climate Initiative have agreed to reduce the average carbon intensity of their aggregated upstream oil and gas operations to between 20 kg and 21 kg of CO2 equivalent per barrel of oil equivalent (CO2e/boe) by 2025.


Rystad Energy comments on OPEC+ meeting

Paola Rodriguez-Masiu, Senior Oil Markets Analyst at Rystad Energy, has commented on what yesterday's OPEC+ meeting may mean for oil prices.


Oil gains on surprise crude draws in the US

Oil prices have risen as US crude inventories are believed to have fallen more than traders expected. However, more news that could move the market again could come from the OPEC+ meeting today.