Browsing: Market News

China bought more crude oil for storage last month, with the average daily at some 1.88 million barrels, according to…

The U.S. Treasury Department has rejected a bid by a group of companies led by investment bank Xtellus Partners to…

Oil prices were under pressure in early Asian trading on Tuesday as growing optimism around Russia-Ukraine peace talks and disappointing…

Exxon Mobil Corp. (NYSE:XOM) has invented a type of graphite that can extend the life of electric-vehicle batteries by as…

Goldman Sachs estimates AI-related investment could approach $1 trillion annually by 2027, rivalling the scale of the early-2000s internet buildout.…

The Intercontinental Exchange (ICE) has revealed plans to extend trading hours for its European gas and power futures to match…

Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has increased its 2026 capital budget to $2.4 billion, including $1.3 billion for growth…

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Oil Prices End the Week Lower as Oversupply Dominates Trade Brent crude settled Friday at $61.12 a barrel, also down…

Oil sentiment has turned sour despite a Fed rate cut and the Trump administration’s aggressive tanker seizures.Friday, December 12, 2025…