December
Oil’s Modest Annual Gain Belies a Year of Staggering Volatility
Oil ended a volatile year modestly higher as investors look ahead to a potential rebound in Chinese demand next year.
Petrobras Critic Named Chief of Brazil’s State-Run Oil Giant
(Bloomberg) -- President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning it into a renewable energy powerhouse.
UK Oil Lobby Warns Financing May Dry Up After Windfall Tax
Banks are set to trim billions of pounds in financing for oil and gas producers in the UK’s North Sea after a windfall tax was imposed on the industry to help pay for the country’s energy crisis, a trade group says.
