Browsing: Market News

Ukraine Drone Strikes Are Tightening Russian Supply The biggest catalyst this week? Ukraine’s drone attacks on Russia’s refining infrastructure. These…

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Washington is making it clear to New Delhi: any path forward on a U.S.–India trade deal runs through Russia’s oil…

Nigeria’s $20 billion Dangote refinery—the mega-project meant to free Africa’s top oil producer from decades of fuel imports—has been hit…

Several terminal operators in China’s Shandong province plan to ban entry to old vessels and such with fake or suspicious…

Canadian producers are temporarily shutting in natural gas wellheads amid a record-low negative pricing at the key Alberta gas hub. The…

Oil saw a strong rally this week as attacks on Russian oil infrastructure and rising geopolitical risk continue to fuel…

The world’s largest independent oil trader, Vitol Group, is in discussions with Iraq to sell crude from Kurdistan when the…

The arbitrage window for American crude shipments to Asia could soon close amid surging tanker rates and cheaper Middle Eastern…

WTI crude was up $2.89, or 4.63%, through Thursday’s close, trading at $65.29 — the highest level since early September.…