Browsing: Market News

Short covering intensified the move. Hedge funds had built record short positions betting on continued weakness from Chinese demand concerns.…

Israel has launched a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it describes as a decisive…

Beset by near-universal bearish outlooks just a month ago, oil prices could spike to more than $100 a barrel in…

The OPEC+ group was likely betting on robust demand during the peak summer driving season when it decided to start…

Initial Target Reached An initial key upside target zone from $68.79 to $68.98 has been defined on the chart for…

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President Trump’s U.S. energy dominance agenda could be derailed by one provision in the One Big Beautiful Bill Act, the…

By Julianne Geiger – Jun 12, 2025, 11:00 AM CDT JP Morgan is sticking to its base-case oil price…

Egypt has finalized a sweeping series of liquefied natural gas (LNG) supply agreements with Saudi Aramco, Shell Plc, Trafigura, and…

The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not…