Browsing: Market News

Oil prices dropped nearly 4% on Monday, erasing much of last week’s conflict-driven gains, as traders reacted to signs of…

Oil prices are likely to remain capped below $80 per barrel despite the escalating Israel-Iran conflict, research firm Rystad Energy…

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part…

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025…

Trump’s tariff hike now threatens to deepen these challenges. Higher trade barriers will likely further reduce China’s exports to the…

Amid heavy planned seasonal maintenance, crude oil processing at China’s refineries dipped by 1.8% in May from a year earlier,…

TotalEnergies plans to spend about 30% of its capital expenditure (capex) on boosting its integrated power business, Patrick Pouyanne, the…

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All of Baker Hughes Middle Eastern projects are operating as normal, the oilfield services giant’s chief executive Lorenzo Simonelli has…

Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel…