Browsing: Market News

While the federal government of Iraq welcomes cooperation with U.S. energy firms, Baghdad noted on Friday that direct deals with…

Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China…

Can the $59.51 Pivot Hold in the Face of Bearish Pressure? A bounce from $59.51 could form a secondary higher…

U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most…

The U.S. Administration wants the EU to make unilateral cuts to its tariffs on American goods and abolish a proposed…

Mexico’s Pemex plans to cut 3,000 jobs as part of a restructuring move aimed at reducing its expenses, Bloomberg has…

A substantial drop in the spot market price for Emirati crude has triggered a demand surge from Asia, Reuters reported…

By Irina Slav – May 23, 2025, 1:24 AM CDT Oil prices are expected to fall for the week…

Turns out Washington isn’t buying what Brussels is selling—at least not yet. While the EU is lobbying to lower the…

Failed Weekly Breakout The initial rally on Wednesday hit resistance around the 50-Day MA, before sellers took charge. It also…