Browsing: Market News

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Crude oil prices were on course to close a second week of gains in a row despite declines earlier in…

Triple Breakout Raises Prospects Tuesday’s advance triggered a triple breakout: crude rose above the 20-Day moving average, cleared a small…

A U.S. federal judge has ruled that defaulted bonds issued by Venezuela’s state oil company PDVSA in 2016 remain valid,…

ExxonMobil doesn’t plan a return to the Russian oil industry, the U.S. supermajor’s chief executive Darren Woods told the Financial…

Ukraine launched fresh drone attacks on Russian energy assets Thursday, hitting two refineries including Gazprom’s giant Neftekhim Salavat complex in…

The penalties proposed in the European Union’s climate and social responsibility legislation would be bone-crushing to any company, ExxonMobil’s chief…

Brent Technical Analysis The Brent market looks very much the same as we have broken below the 50-day EMA only…

SAIC Motor, one of China’s biggest state-controlled auto manufacturers, looks to significantly reduce its current 49% stake in its Indian…

Asia’s oil demand is growing in the autumn, too, whereas major importers like China keep stockpiling crude, so OPEC+ was…