Browsing: Market News

Brazil’s Petrobras will be focusing on Africa as its main growth region abroad, the company’s chief executive told Reuters in…

Crude oil prices were set for a weekly gain despite a slide earlier today, mostly on renewed optimism about U.S.-Chinese…

The Permian basin has been the chief growth driver for U.S. shale oil production. The most prolific shale basin in…

Consolidation Continues Above 50-Day MA On Thursday, gold again consolidated within a relatively tight range around support of the 50-Day…

Libya’s eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen…

Japan’s top refiner, Eneos Corp, has reported an unplanned shutdown at its 77,000 bpd No.3 crude distillation unit (CDU) at…

The United States posted a record surge in industrial exports in April, driven by strong global demand for materials such…

Calgary-based Vermilion Energy Inc. will sell its assets in the United States for $88 million (C$120 million), which will complete…

Europe’s benchmark natural gas prices rose early on Thursday as the maintenance season on gas infrastructure in Norway, the top…

Iraq’s federal government holds the Kurdistan Regional Government (KRG) legally responsible for continued oil smuggling operations from Kurdistan outside Iraq,…