Browsing: Market News

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Daily Light Crude Oil Futures Tuesday’s rally stalled at $63.90, precisely where resistance from the pivot at $63.06 and the…

By Tsvetana Paraskova – May 15, 2025, 4:44 AM CDT Oil prices decreased sharply following comments from President Trump…

Asia’s imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery…

The Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, on Jan. 9, 2019.Ali Mohammadi | Bloomberg | Getty…

Brazil’s Petrobras plans to return to Nigeria’s oil industry, to focus on deepwater exploration, Nigeria media have reported, citing a…

Venture Global, the LNG operator, has asked the Federal Energy Regulatory Commission to greenlight its third liquefaction plant, in Louisiana,…

For over two years, OPEC and its partners from Central Asia, led by Russia, tried to push oil prices higher…

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XRG, the newly created energy investment firm of Abu Dhabi’s national oil company ADNOC, has taken a 38% stake in…