WTI/NZD

Risk aversion in markets may be weighing on oil prices a little, especially if economic fears are fueling that sentiment. Oil prices have rallied strongly on the back of supply restrictions and the economy failing to live up to expectations was always going to be one of the primary counter-risks for the price. I wouldn’t say that is now unfolding but ...

Two prominent Republican lawmakers are probing a series of lawsuits against major oil companies brought by the California law firm Sher Edling. Among the topics of the probe is the source of alleged dark money funding for the suits, with claims that Leonardo DiCaprio has indirectly funneled money into the effort through his environmental fund. They also ...