The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 1.9 million…
Browsing: Market News
Double-Bottom Potential The low sits slightly above October’s $56.41 bottom and, if held, forms a potential second bottom. The April/May…
Iraq has quietly stepped in to keep one of its most important oilfields from wobbling. After two months of unpaid…
Canada may be about to do something it hasn’t managed in nearly two decades: clear political space for a brand-new…
Indonesia looks to unlock its upstream potential by offering more than 100 previously untapped oil and gas basins to global…
China’s solar power installations jumped by 30% in October from September, as capacity additions rebounded from the summer months, which…
The current administration’s tariff strategy has cast a long shadow across various economic sectors, but its impact on the oil…
The global oil market is once again demonstrating its acute sensitivity to geopolitical shifts, with crude prices shedding significant value…
Shell’s Strategic Recalibration: A Green Power Play with Ferrari Amidst Market Volatility Shell’s recent signing of a ten-year corporate power…
At 12:40 GMT, Light Crude Oil Futures are trading $58.60, down $0.24 or -0.41%. Oversupply Concerns Keep Oil Prices Forecast…