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Investing.com-- Oil prices hovered near a 4-½ month high in Asian trade on Tuesday as softer exports from Iraq and Saudi Arabia furthered the notion of tighter markets this year,...
Investing.com-- Gold prices regained some ground Monday, but sentiment on the yellow metal soured by growing expectations that the Federal Reserve may lean less dovish on monetary...
Investing.com-- Oil prices settled higher Monday as a pledge from Iraq to cut crude exports just as defacto OPEC leader Saudi Arabia saw oil exports slip for second-straight month,...
Already plagued by complex internal problems, the economies of East Africa have perhaps been the most affected among regional states by the unfolding crisis in Sudan and the...
Thousands of Colombian car owners are converting their vehicles to natural gas as the nation’s first left-wing government strips away gasoline subsidies that had been in place for...
North Dakota’s oil and gas production both fell by double-digit percentages in January on the month, according to the latest preliminary state figures from the North Dakota...
The US Department of Treasury unveiled on March 15 new sanctions on shipping company Vishnu Inc and its oil tanker accused of delivering illicit shipments to China in support of...
Oil prices climbed about 1% to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in China and the U.S....
Europe’s major oil companies have started to scale back interim emission reduction targets, acknowledging that their priorities now lie with returning more cash to shareholders....
Oil prices kicked off the new week on a bullish trajectory, with spot contracts for light crude West Texas Intermediate (WTI) surging above $82 per barrel, marking a return to...
Spot discounts for high sulphur fuel oil (HSFO) widened in Asia on Monday amid a backdrop of ample inventories. Singapore’s cash differential for 380-cst HSFO eased to a discount...
Top oil executives and ministers descend on Houston this week for one of the world’s biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less...
Via Metal Miner By mid-March, copper prices hit their highest level since April 2023. Prices previously found a bottom in early February before strong upside momentum saw them...
Many tech analysts have accused the oil industry of being too slow to adopt new technology. Yet the industry is itself the source of much technological progress in its narrow,...
CNOOC Limited has made a major oilfield discovery in the Bohai Sea offshore China, with more than 100 million tons of oil equivalent of in-place volume proved, the Chinese...
In mid-December, I wrote here that the U.S. had set a new annual oil production record: “The U.S. set a new annual oil production record on December 15, based on data from the...
China is expected to import record-high oil volumes from Russia in March as the world’s top crude importer is mopping up cargoes shunned by India, Bloomberg reported on Monday,...
Chicago, March 18, 2024 (GLOBE NEWSWIRE) -- The Epoxidized Soybean Oil Market is projected to grow from USD 494 million in 2023 to USD 648 million by 2028 at a CAGR of 5.6%, as...
Oil futures begin the week with gains.
Crude oil prices held on to their gains from last week, moving higher still in mid-morning trade in Asia today amid continued concern about supply. Last week, an IEA report fueled...
Iran has signed new contracts for the development of oil fields worth $13 billion, planning to add 350,000 bpd to daily production. The deals are the biggest in the energy space...
Russian President Vladimir Putin early on Monday declared victory in this weekend’s elections after running virtually unopposed, paving the way for him to serve six more years in...
Record-high gold prices are driving big deals and investments in new mines. What they’re not doing is making companies scramble to lock in prices as protection against the market...
Singapore Non-Oil Exports for February 2024: -0.1% y/yexpected +4.7%, prior +16.8% -4.8% m/m-0.4% expected and +2.3% prior -- Singapore Non-oil Domestic Exports (NODX) measures the...
For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over the past few...
News reports of further attacks on Russian oil facilities over the weekend:Ukraine allegedly attacked another oil refinery overnight, Russian authorities said on Sunday, in the...
International oil and gas majors and the Middle East’s national oil companies are expected to give the green light this year to up to 30 projects, worth a total investment of $125...
In the second week of March, the VLCC MEG-China market rates continued to soften, while the number of vessels in Ras Tanura showed an increase despite the significant downward...
Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices were expected to finish more than 3% higher for the week on rising...
Ukraine attacked a small oil refinery in Russia’s Kaluga region with drones early on Friday, causing damage in an operation that was conducted by the GUR military spy agency, a...
The U.S. export credit agency on Thursday voted to approve a $500 million loan guarantee for an oil and gas drilling project in Bahrain, testing a U.S. climate pledge to stop...
Asia’s fuel oil market was broadly unchanged on Friday, with spot differentials and margins holding relatively stable from the previous week. Spot discounts for 380-cst high...
In 2023, the world produced an estimated 101.8 million barrels per day (b/d) of petroleum and other liquids: mostly crude oil but also lease condensate, natural gas liquids,...
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Inflation reports unveiled in the week preceding the Fed meeting brought an unwelcome news to investors. Prices pressures surged more than expected in February, creating a headache...