Browsing: Market News

Venezuela Wildcard: Policy Moves and Price Implications Fresh U.S. sanctions against Russia sent crude prices surging over 4%, though the…

China has increased its underground gas storage capacity by the most of any country since 2022, the International Gas Union…

TotalEnergies and its partners are close to restarting construction and engineering work on the huge $20-billion LNG export facility in…

Brent Technical Analysis Brent continues to see a lot of noisy behavior, with the 50-day EMA hanging around, and the…

The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work…

After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following the termination…

Oil prices gave up earlier gains to turn 1% lower on Monday amid profit-taking following last week’s rally. As of 7:13…

Last week’s rally had pushed futures toward a breakout, but the inability to overcome key resistance levels halted bullish momentum.…

Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the…

India imported 19.93 million tons of crude oil last month, a 1.7% increase from August, the Economic Times reported, citing…