Browsing: Market News

Oil prices have inched up, but the EIA says don’t get used to it. The July Short-Term Energy Outlook (STEO)…

Oil prices have remained elevated at the start of this week despite expectations that OPEC+ will approve another big production…

The European Parliament approved on Tuesday eased rules and targets for natural gas storage refills in the EU in a…

Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the…

Sources indicate the group may approve an additional 550,000 bpd hike for September, unwinding the last tranche of cuts during…

Iran hasn’t asked for nuclear negotiations with the United States to resume, Iranian Foreign Ministry Spokesman Esmaeil Baghaei said on…

Supermajors Shell and TotalEnergies expect to raise oil and gas production over the next two years from projects they operate…

The U.S. Department of Energy has warned that blackouts could increase substantially in the coming years unless more baseload capacity…

China is not buying LNG on the spot market despite a seasonal increase in demand for electricity for air-conditioning, Bloomberg…

Chevron is preparing for a quick finalization of the Hess Crop. Acquisition, even as the two still await the decision…