Browsing: Market News

State-held Kuwait Petroleum Corporation (KPC) is considering following in the footsteps of its Saudi and Abu Dhabi peers by tapping…

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the…

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Supertanker rates to ship crude on the key Middle East-to-China route have surged to a six-year high as Persian Gulf…

The UK on Tuesday slapped sanctions on Russia’s oil pipeline giant Transneft and targeted Russia’s dark web of illicit oil…

Oil prices were close to a seven-month high early on Tuesday amid speculation about potential U.S. strikes on Iran as…

Italy’s Eni is poised to reach next month a final investment decision to develop two offshore gas fields in Indonesia,…

Woodside Energy, Australia’s biggest LNG producer, on Tuesday warned that expectations of a major disruptive glut should not be taken…

Key support today is an uptrend line from the January 7 main bottom at $55.48, coming in at $64.70. This…

India is growing more dependent on imports of crude oil, with the total share of imports in its oil consumption…