Browsing: Market News

Jet fuel imports from Asia to Europe reached a record this summer as prices subsided from 2022 highs, the Financial…

Crude oil prices were set for another weekly rise after additional 25% tariffs on Indian exports to the United States…

The U.S. Energy Information Administration, the federal government’s chief energy data provider, has announced delays to several of its most…

Britain’s largest undeveloped oilfield has been thrown into limbo. Equinor’s Rosebank project, a $3.8 billion investment once known as the…

Amid lower oil prices this year, the U.S. shale patch is in a wait-and-see mode, expecting to ride the price…

Fibonacci Support and Breakout Signal Yesterday’s decline completed a 61.8% Fibonacci retracement of the recent upswing, helping stabilize demand and…

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Phillips 66 will begin shutting down its 139,000 bpd Los Angeles-area refinery as soon as next week, sources told Reuters,…

Exxon projects global natural gas demand will rise more than 20% by 2050 from 2024 levels, driven by coal displacement…

ExxonMobil has decided it’s time to play teacher. In its freshly minted Global Outlook, the U.S. supermajor offered a chapter…