energy

OPEC+ to boost crude output, but can it deliver and who will buy? Reuters

Oil drifts down after OPEC+ agrees to raise output targets Reuters

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

Oil swung in a narrow range as flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

To judge by the way many people discuss the energy transition, we’re engaged in a fight between green idealogues in government and academia on the one hand, and a more realistic private sector that recognizes the innate superiority of fossil fuels on the other.

Oil slips after OPEC+ agrees to raise output targets Reuters

Pakistan bought a liquefied natural gas shipment for delivery later this week, as exports from main supplier Qatar through the Strait of Hormuz remain constrained.

Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symbolic until a peace deal between the U.S. and Iran sticks and the Strait of Hormuz is fully reopened to shipping traffic.

To judge by the way many people discuss the energy transition, we’re engaged in a fight between green idealogues in government and academia on the one hand, and a more realistic private sector that recognizes the innate superiority of fossil fuels on the other.

Oil opened lower as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Traders were also focused on the Korean won’s first day of 24-hour trading.