US Plans to Buy 12 Million Barrels of Oil for Reserve This Year
The US plans to purchase about 12 million barrels of oil this year as it begins to refill
2023-06-14 03:50
Heat Scorches Europe as Southern Spain Temperature to Reach 45C This Month
Heat will persist across northern and western Europe in the coming weeks, with extreme temperatures on the Iberian
2023-06-13 16:18
Oil Holds Near Three-Month Low as Demand Concerns Reverberate
Oil held near the lowest level in almost three months on persistent concerns over the demand outlook in
2023-06-13 08:47
Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
Oil extended losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
2023-06-12 08:57
Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia
Oil traders are starting to ignore the most important person in the market. It could prove a risky
2023-06-11 20:23
Hedge Funds Pile Into Bullish Oil Wagers Amid Saudi’s Surprise Oil Cut
Saudi Arabia’s surprise move to cut 1 million barrels a day of its own output has emboldened markets
2023-06-10 04:18
US, Iran Deny Reports a Nuclear Deal is Close: Iran Snapshot
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments US
2023-06-09 17:49
COP28 Chief Al Jaber Says Fossil Fuel Decline Inevitable
Sultan Al Jaber, the United Arab Emirates official tapped to lead United Nations climate change talks, said “the
2023-06-09 16:18
Oil Set for Second Weekly Drop as Demand Concerns Return to Fore
Oil headed for a second weekly drop as demand concerns returned to the fore, snuffing out gains driven
2023-06-09 09:56
Oil Falls After Media Reports Ignite Iran-US Rumors, US Denies
Oil dropped on regional media reports that ignited speculation the US and Iran are nearing a deal that
2023-06-09 03:46
India’s MRPL Shelves Refinery Growth to Focus on Chemicals Bet
India’s Mangalore Refinery and Petrochemicals Ltd. shelved a planned refinery expansion to focus on boosting its petrochemical production
2023-06-07 12:21
Oil Extends Drop as Demand Concerns Overshadow Saudi Output Cut
Oil declined amid persistent concerns over the demand outlook following a short-lived bounce on Saudi Arabia’s pledge to
2023-06-07 11:59