Browsing: Market News

President Trump’s remarks on Thursday reinforced his push for rate cuts, though he stopped short of threatening Powell’s removal, which…

PetroChina has quietly approved a multi-billion-dollar refinery and petrochemical complex in northeast China’s Dalian, marking a strategic shift amid declining…

U.S. refiners are reassessing Latin American crude sourcing strategies after President Donald Trump’s administration granted Chevron the authority to resume…

Shell has taken a final investment decision (FID) on the development of the Mina West offshore gas field in Egypt’s…

The chief executive of Nayara Energy, Alessandro des Dorides, has resigned abruptly amid mounting fallout from newly imposed European Union…

At 11:43 GMT, Light Crude Oil futures are trading $66.26, up $0.23 or +0.35%. OPEC Supply Concerns Eased by Potential…

Russia’s Federal Anti-Monopoly Service (FAS) has launched a formal case against a Gazprom subsidiary for sharply reducing gasoline sales on…

Italy’s Eni reported 25% lower profit for the second quarter of the year amid lower oil prices and a 2.6%…

Brazil has revised its rules for setting the reference price for crude oil produced in the country in a bid…

Demand for batteries used in electric vehicles is set to slow down further in 2026 because of changes in subsidy…