Browsing: Market News

Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the…

Sources indicate the group may approve an additional 550,000 bpd hike for September, unwinding the last tranche of cuts during…

Iran hasn’t asked for nuclear negotiations with the United States to resume, Iranian Foreign Ministry Spokesman Esmaeil Baghaei said on…

Supermajors Shell and TotalEnergies expect to raise oil and gas production over the next two years from projects they operate…

The U.S. Department of Energy has warned that blackouts could increase substantially in the coming years unless more baseload capacity…

China is not buying LNG on the spot market despite a seasonal increase in demand for electricity for air-conditioning, Bloomberg…

Chevron is preparing for a quick finalization of the Hess Crop. Acquisition, even as the two still await the decision…

“For Commodity traders, it’s become textbook,” says GSC. “Buy the panic, ride the rally, sell into the reversal – and…

A Greek-operated bulk carrier was attacked in the Red Sea on Monday in the second Houthi strike on commercial shipping…

Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern…