Browsing: Market News

Ørsted, the world’s largest offshore wind developer, reported on Wednesday a loss for the third quarter amid soaring impairment charges…

At 12:02 GMT, Light Crude Oil Futures are trading $60.65, up $0.09 or +0.15%. Refined Products Cushion Sentiment After Crude…

The U.S. sanctions on Russia and Iran have led to an “unprecedented” large volume of crude oil stored in tankers,…

Iraq’s state oil marketing company SOMO has canceled three crude loadings from Russia’s Lukoil this month after the U.S. sanctioned…

Germany is generating electricity from gas-fired power plants at the highest rate since 2021, slowing EU-wide efforts to refill gas…

Australia’s Woodside Energy expects its sales of crude oil and natural gas to rise by some 50% by 2032, driven…

Ovintiv will take over NuVista Energy, in which it is already a shareholder, in a deal worth $2.7 billion including…

Oil prices slipped modestly in early Asian trading on Wednesday, with the West Texas Intermediate (WTI) down 0.71% to $60.13…

Upside Targets The ABCD pattern provides an initial potential upside target above several key dynamic resistance indicators including two trendlines…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5…