News

WTI struggles to preserve modest intraday gains amid mixed fundamental cues. Hopes for a US-China trade deal and a weaker USD lend support to the commodity. Oversupply concerns cap gains for the black ...
Oil prices were flat, and while OPEC+ was largely expected to accelerate oil output hikes for in June, BMI said it was arguable that much of the downside was being priced in ahead of time.
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction ...
May 2 - Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the ...
Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.
Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.
The S&P 500 has surged in a matter of days despite new predictions of a recession. Click here to find out more on the U.S.
A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan ...
The Trump administration believes Iran is trying to build a nuclear bomb, an allegation that the Islamic Republic has denied.
Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...