Browsing: Market News

Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from…

China’s oil demand declined year-on-year in the second quarter of 2025, but strong naphtha consumption helped limit the drop, according…

A group of U.S. investors is in talks with the Bulgarian government to acquire a minority stake in the Chiren…

U.S. President Donald Trump on Monday said he would “substantially raise tariffs” on Indian exports in response to the country’s…

Venezuela’s crude and fuel exports fell in July by some 10% from June to average 727,000 barrels per day (bpd),…

Sentiment among oil traders has turned bullish recently despite forecasts flagging sluggish demand growth and OPEC+’s latest decision to add…

Hammerfest LNG, the liquefied natural gas export facility in Norway, is back online following more than three months of scheduled…

Market Outlook: Correction May Not Be Short-Lived The S&P 500 will likely start Monday higher, rebounding after Friday’s sharp drop.…

Tankers loaded with Russian crude that had stayed idle off India’s coast for days discharged their cargo at Indian oil…

BP announced on Monday a significant oil and gas discovery in Brazil’s prolific offshore Santos Basin, the supermajor’s biggest in…