November
UAE Plans Global Energy Push With $150 Billion of Spending
The United Arab Emirates’ main energy company will boost investment to $150 billion over the next five years, speed up an increase in oil-production capacity and list some of its natural gas business.
EU Discusses Russian Oil Price Cap as Low as $62 as Talks Slow
European Union states debated whether to set a price cap as low as $62 a barrel on exports of Russian crude oil after several countries demanded a level that could put more pressure on Moscow, but the talks remain stuck, diplomats said.
Oil Plunges to Lowest Since 2021 as China Unrest Rattles Market
Oil tumbled to the lowest level since December as unrest in China hurt investors’ appetite for risk and clouded the outlook for energy demand, adding to stresses in an already-fragile global crude market.
