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 ...
The US President, Donald Trump, announced that all buyers of Iranian oil will be subject to secondary sanctions, according to ...
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction ...
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.
Some tankers Chevron had chartered to move crude from Venezuela to the U.S. were marketed for spot contracts elsewhere, ...
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.
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 ...
OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...
Crude oil prices were mostly flat by midday Thursday, regaining its footing after three consecutive days of sharp losses as market participants assessed oversupply risks due to higher OPEC+ production ...
PetroChina, the listed arm of state-owned China National Petroleum Corp., said Tuesday that its net profit rose 2.3% from a year earlier to 46.81 billion yuan, equivalent to $6.42 billion. Markets ...