Browsing: Market News

Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered…

By Irina Slav – May 16, 2025, 1:32 AM CDT Crude oil prices are on track for a weekly…

Quick Recovery of 20-Day Moving Average The decline on Thursday completed a 38.2% Fibonacci retracement at $60.88 and it was…

In a significant escalation of the longstanding territorial dispute over the oil-rich Essequibo region made famous by a string of…

India is fast cementing its status as the world’s top engine of oil demand growth—overtaking China earlier than expected and…

Japan’s biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply.The…

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Daily Light Crude Oil Futures Tuesday’s rally stalled at $63.90, precisely where resistance from the pivot at $63.06 and the…

By Tsvetana Paraskova – May 15, 2025, 4:44 AM CDT Oil prices decreased sharply following comments from President Trump…

Asia’s imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery…