July
Oil Heads for the Best Month Since Early 2022 as Market Tightens
Oil headed for its biggest monthly gain in more than a year on signs the market is tightening, with estimates that crude demand is running at a record clip just as OPEC+ cuts back production.
ADNOC accelerates net zero and decarbonisation plan, reports 2022 emissions performance
ADNOC is accelerating its decarbonisation plan to bring forward its net zero ambition to 2045, from its previous target of 2050, and to achieve zero methane emissions by 2030. ADNOC is the first company in its peer group to accelerate its net zero target to 2045.
Hedge Funds Turn More Bullish Across Energy as Prices Rally
Hedge funds boosted bullish wagers across the energy complex as crude prices broke out of their recent range, climbing above $80 a barrel, and gasoline prices surge to multi-month highs.
