Browsing: Market News

While Indian refiners are scrambling to understand the implications of President Trump’s threatened “penalties” on India for buying Russian oil,…

Pakistan’s leading exploration and production firm, Oil & Gas Development Company Limited (OGDCL), on Friday announced an oil discovery in…

Oil Prices Forecast Shaped by U.S. Tariffs and Trade Deal Gaps Crude prices steadied Friday after dropping over 1% the…

Chevron on Friday reported second-quarter earnings that took a substantial hit due to low oil prices and a loss on…

Chinese solar power companies shed a third of their workforce last year, amid intense competition and overcapacity that drove losses,…

Chevron will transfer part of the oil it produces in Venezuela to the Maduro government, Bloomberg has reported, citing unnamed…

A California court ruled that refiner Phillips 66 will have to pay $800 million to a biofuels-making company for stealing…

In an executive order signed Thursday evening, President Trump formalized a tariff framework that marks the most protectionist U.S. trade…

Five-Week High Breakout Earlier in the week crude oil triggered a bull breakout to a five-week high of $71.33. It…

U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according…