Browsing: Market News

At 11:32 GMT, Light Crude Oil Futures are trading $63.36, down $0.01 or -0.02%. OPEC+ Production Gains Undercut U.S. Export…

The UK’s upcoming industrial strategy should include action to slash energy costs which are among the highest in the world…

Stonepeak Partners, the investment firm, is reportedly in talks to take over Malaysia-based Yinson Holdings in a deal that could…

Brazil’s Petrobras will be focusing on Africa as its main growth region abroad, the company’s chief executive told Reuters in…

Crude oil prices were set for a weekly gain despite a slide earlier today, mostly on renewed optimism about U.S.-Chinese…

The Permian basin has been the chief growth driver for U.S. shale oil production. The most prolific shale basin in…

Consolidation Continues Above 50-Day MA On Thursday, gold again consolidated within a relatively tight range around support of the 50-Day…

Libya’s eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen…

Japan’s top refiner, Eneos Corp, has reported an unplanned shutdown at its 77,000 bpd No.3 crude distillation unit (CDU) at…

The United States posted a record surge in industrial exports in April, driven by strong global demand for materials such…