Browsing: Market News

Canadian airlines have suspended flights to Cuba as the island nation faces depletion in jet fuel stocks amid a U.S.…

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An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel.Nurphoto | Nurphoto |…

British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves…

“While near-term volatility is likely to persist,” Hansen notes, “this move is best understood as a positioning-driven reset – not…

Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B, where…

Money managers have increased bullish wagers on crude oil to the highest levels in months, with renewed geopolitical risk tied…

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The giant Tengiz oilfield in Kazakhstan has returned 60% of its peak production and was pumping at a rate of…