Browsing: Market News

Global oil markets are facing a period of short-term pressure as production swells, but Canadian energy fund manager Eric Nuttall…

Russia’s Far East is grappling with acute fuel shortages after a new wave of Ukrainian drone strikes forced multiple refineries…

South Korea is urging its struggling petrochemicals sector to slash excess capacity and restructure operations amid a global glut that…

By Irina Slav – Aug 20, 2025, 9:44 AM CDT Crude oil inventories in the United States decreased by 6…

Global oil demand jumped in June by more than 1 million barrels per day (bpd) from May, while production growth…

Ithaca Energy, one of the biggest independent oil and gas companies in the UK North Sea, raised its 2025 production…

Daily Light Crude Oil Futures From a technical standpoint, crude continues to struggle with its 200-day moving average at $63.25.…

Despite continued pressure from the United States over crude supply from Russia, Indian state refiners have returned to the spot…

Crude oil flows from Russia to Slovakia and Hungary have been restored after a Ukrainian attack suspended exports earlier this…

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