Browsing: Market News

Amid heavy planned seasonal maintenance, crude oil processing at China’s refineries dipped by 1.8% in May from a year earlier,…

TotalEnergies plans to spend about 30% of its capital expenditure (capex) on boosting its integrated power business, Patrick Pouyanne, the…

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All of Baker Hughes Middle Eastern projects are operating as normal, the oilfield services giant’s chief executive Lorenzo Simonelli has…

Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel…

Smoke rises in the distance following an Israeli airstrike in Tehran, Iran, on June 14, 2025. \Khoshiran | Afp |…

Australia’s Santos has said it would accept an $18.7-billion takeover offer made by a consortium led by Emirati Adnoc, which…

US Manufacturing in Focus Later in the European session on Monday, June 16, the NY Empire State Manufacturing Index will…

OPEC and Iran in Focus as Infrastructure Takes Direct Hits Israel’s strikes targeted critical oil and gas infrastructure, including Iran’s…

Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran…