Browsing: Market News

Chevron is bracing for a quarterly dent of up to $400 million as the cost of absorbing Hess filters through…

Donald Trump used Turkish President Recep Tayyip Erdogan’s White House visit Thursday to send a pointed message: stop buying Russian…

Oil loadings have resumed at Russia’s Novorossiysk hub after Ukrainian drone strikes forced a brief suspension at two of the…

Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in its 2025…

Russia will extend the ban on gasoline exports and introduce a ban on non-producers to export diesel by the end…

Brent Technical Analysis Brent markets are hanging around the $69 level, which, of course, is an area that’s been significant…

Iraq expects crude oil exports from the semi-autonomous region of Kurdistan via pipeline to Turkey to resume this week, Iraqi…

Daily Light Crude Oil Futures This week’s rally was ignited by back-to-back recoveries of the 200-day moving average at $63.05…

Eni has completed the sale of 30% in the giant operational Baleine oil and gas project offshore Cote d’Ivoire to…

Petrobras moved a step closer to obtaining a license to drill in an environmentally sensitive offshore region in the Amazon…