Browsing: Market News

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the…

ConocoPhillips will reduce its workforce by 20–25% as part of a broad reorganization announced to employees this week, according to…

Subscribe To NotificationsScan QR code to install appImportant DisclaimersThe content provided on the website includes general news and publications, our…

Eni-BP joint venture Azule Energy will invest $5 billion in Angola over the next five years and drill 18 wells,…

OPEC crude production rose by about 400,000 barrels per day (bpd) in August, reaching 28.55 million bpd, according to a…

Germany could face a gap in power supply if the rollout of renewable energy power generation stalls, the federal regulator…

Daily Light Crude Oil Futures Wednesday’s 1.77% decline pushed NYMEX WTI futures back to $64.43, just under the $65.10 resistance…

Shell has abandoned plans to proceed with the construction of a biofuels facility at its Shell Energy and Chemicals Park…

By Tsvetana Paraskova – Sep 03, 2025, 7:00 AM CDT Oil prices dipped by 2% as the market anticipates…

U.S. President Donald Trump said that Chinese President Xi Jinping is conspiring with Russia’s Vladimir Putin and North Korea’s Kim…