Browsing: Market News

Saudi Arabia and Indonesia this week signed preliminary agreements for investments worth $27 billion in oil, petrochemicals, and alternative energy,…

Global crude oil production declined by 1% last year, for the first time since 2020, averaging 72.58 million barrels daily,…

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Oil and gas activity in the U.S. Eleventh District slipped into contraction in the second quarter of 2025, according to…

French nuclear fuel giant Orano’s uranium mining subsidiary in northern Niger is on the verge of bankruptcy, raising alarms over…

Supermajors ExxonMobil, Chevron, TotalEnergies, and Eni are competing in Libya’s first oil bid round in 18 years, ‏Masoud Suleman, chairman…

By Julianne Geiger – Jul 02, 2025, 9:46 AM CDT Crude oil inventories in the United States increased by 3.8…

India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption, considers building…

Norwegian energy major Equinor has walked away from a third offshore wind development project in Australia in another blow to…

Dollar Softness Supports, but Inventory Build Adds Caution The dollar fell to a 3-1/2-year low on Wednesday, typically supporting crude…