Browsing: Market News

OPEC Output Strategy Fails to Offset Heavy Supply Market sentiment continues to deteriorate as robust global supplies pressure prices despite…

By Julianne Geiger – Sep 19, 2025, 12:18 PM CDT The total number of active drilling rigs for oil…

Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that…

Southeast Asia’s biggest economy, Indonesia, has allowed private fuel retailers, including the units of BP and Shell, to import fuel…

Oil prices ended the week slightly lower as U.S. inventory builds and oversupply fears outweighed the Federal Reserve’s long-awaited interest…

Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to…

The European Commission is set to propose a ban on imports of Russian LNG by January 1, 2027, which would…

As a result, Iraq is now actively seeking alternative solutions for its gas supply, including negotiations for floating regasification terminals…

India will continue to buy Russian crude in the coming months, with active purchases for cargoes loading in November and…

At 10:06 GMT, Light Crude Oil Futures are trading $62.72, down $0.54 or -0.85%. Federal Reserve Rate Cut Offers Limited Support…