Browsing: Market News

Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost Shell’s third-quarter earnings,…

Growth in U.S. renewable capacity additions will be 45% lower than previously expected, due to the Trump Administration’s raid on…

China Expands Strategic Oil Reserves as Stockpiling Accelerates In a move that may offer medium-term price support, China is expanding…

Kazakhstan will boost its crude oil exports to Germany next year after Kazakh national oil and gas company KazMunayGas extended…

China is building new oil storage sites as it stockpiles crude while it is cheap. This year and next will…

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Ørsted has completed its widely publicized rights issue at a heavily discounted price, raising the target amount of 59.56 billion…

A three-day national strike prompted by layoffs at the Dangote refinery has led to production losses of 600,000 barrels, the…

OPEC+ yesterday agreed to yet another monthly boost in production, this time for a modest 137,000 barrels daily. Oil prices…

“This is the ultimate proof of Gold’s role as money,” says GSC. “While currencies lose value year after year, Gold…