News

Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...
The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...
The crude oil market continues to see a lot of noisy trading, as the markets are watching a very important potential support ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...
Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...
Gold prices traded lower, droped 0.39% to $3288 an ounce, near one-week low, pressured by rising Treasury yields and a ...
India significantly increased its crude oil imports from the United States and Brazil in the first half of 2025, driven by ...
Oil futures extended gains and were on track to end the week higher on strong seasonal demand and lingering geopolitical risk premium around the Middle East.
The Fort Worth water department is using the Village Creek Drying Beds as part of an emergency response to a spill of 2,600 ...
Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...