U.S. crude stocks increased while gas and extract inventories fell in the week ending Feb. 9, the Energy Information Administration said on Wednesday. Unrefined inventories increased by...
Iraq will examine its oil production and address any excess output above its OPEC+ voluntary cuts in the coming four months, if discovered, the oil ministry stated...
Worldwide stock indexes edged greater while Treasury yields slipped on Wednesday as investors attempted to examine the timing of possible rate cuts from the Federal Reserve, while...
Republican legislators opposing President Joe Biden's time out on LNG export approvals said the U.S. House of Representatives will vote on Friday on a. bill to take...
U.S. crude oil stockpiles rose last week while gas and distillate inventories fell as refining dropped to their most affordable levels given that December 2022, the Energy...
Latigo Biotherapeutics emerged from stealth mode on Wednesday and said it had raised $135 million in series A funding to advance clinical trials of its nonopioid pain...
A sexual attack charge against a former Exxon Mobil Corp executive was dropped after a suburban Houston grand jury decreased to issue an indictment, an official of...
The Canadian government, seeking to defend its signature carbon tax from opposition attacks, on Wednesday revealed a new branding technique to highlight that the policy suggests most...
Oil futures sank by $1 a. barrel on Wednesday as surging U.S. crude inventories pushed. down prices and a possible security threat to the U.S. that. might...
International stock indexes edged higher while Treasury yields slipped on Wednesday as financiers tried to examine the timing of possible rate of interest cuts from the Federal...
Nghi Child Refinery and Petrochemical LLC (NSRP) in Vietnam is expected to book a web loss of a minimum of 10 billion yen ($ 67 million) for...
Russia's exportoriented Ilsky oil refinery plans to resume operations at its harmed primary processing unit this week, 2 market sources told on Tuesday. A fire broke out...
Germany is preparing to evaluate investor interest in a stake of up to 30% in Uniper as the government looks for to recoup a few of the...
Phillips 66 said on Tuesday it has appointed energy market veteran Robert Pease to its board after activist investor Elliott Financial investment Management advised the U.S. oil...
Canada plans to enhance its energy security by slashing the time it requires to establish brand-new important mineral mines by nearly a decade with improved permitting processes,...
West Africa is set to get a record 730,000 barrels daily (bpd) of fuel from Europe this month, preliminary figures from data analytics firm Kpler program, as...
The European Union will boost diplomatic efforts to assist nations outside the bloc to introduce carbon markets in the hope of promoting worldwide trade of CO2 emissions,...
Mexico's federal government approved a new fiscal stimulus for its heavily indebted state energy company Pemex, according to a decree released on Tuesday, part of a strategy...
Asian stocks inched higher and the dollar held stable on Tuesday ahead of an essential U.S. inflation report that might help shape the Federal Reserve's. rates outlook...
India has actually narrowed the gap with China in MSCI's International Basic index, which tracks emerging market stocks for investors, after the most recent revision. Index supplier...
Japan's biggest oil and gas explorer Inpex Corp on Tuesday reported a 19.4% drop in 2023 net earnings due to lower rates of oil and natural gas...
Staterun explorer Oil India reported a 9.3% fall in thirdquarter profit on Tuesday, hit by lower rates for crude oil and a windfall tax imposed by the...
Tata Motors' electrical lorry (EV) unit on Tuesday said it had actually decreased prices of its cars and trucks by as much as 120,000 rupees ($ 1,450)...
Poland has provided guarantees that it will continue to supply Germany's Schwedt refinery with If Berlin nationalises the majority Russianowned, unrefined oil plant, German Economy Minister Robert...
The Bureau of Ocean Energy Management ( BOEM) on Tuesday settled 2 wind energy locations (WEAs) in the offshore Oregon region, lining up with government objectives to...
Exxon and Canadabased crude pipeline operator Enbridge were taken legal action against in Illinois federal court on Tuesday over claims they disallowed a competitor from building a...
The Biden administration's pause on approving permits for U.S. liquefied gas (LNG) export terminals might backfire by boosting coal use overseas, Alan Armstrong, CEO of U.S. gas...
International stock market indexes dropped, the 10year U.S. Treasury yield struck a 21/2month high and the dollar touched a threemonth peak against the yen on Tuesday after...
EQT Corp, the largest U.S. natural gas manufacturer, missed fourthquarter earnings estimates on Tuesday, as greater sales volumes were balanced out by lower gas prices. U.S. natural...
Oil rates fell in early Asian trade on Monday after Israel said it had actually concluded a series of strikes in southern Gaza, a little alleviating issues...
A look at the day ahead in European and global markets from Wayne Cole. It's been unsurprisingly quiet in Asia on Monday with China, Japan, Singapore and...
Portugal's Galp Energia on Monday published an unforeseen 4% increase in changed fourthquarter earnings despite lower crude production and weaker refining margins helped by an 85% drop...
French President Emmanuel Macron named the former head of gas utility Engie as its special envoy to an international rail and ports job linking the Middle East...
Shares in Italian high-end shoemaker Tod's got on Monday and those of oil refiner Saras dropped after the two got buyout offers over the weekend, with both...
Russian power devices producer Power Machines, owned by billionaire Alexey Mordashov, has won a claim versus Vietnam's state oil company PetroVietnam, a spokesperson for Mordashov stated on...
Italy's government will seek dedications from Vitol on tasks, investments and connection of supplies when vetting the global commodity trader's strategy to take over oil refiner Saras,...
Indian oil business ONGC Videsh Ltd (OVL) remains in talks with the Russian federal government to pay its contribution to the Sakhalin1 abandonment fund in roubles, a...
Coal India reported a higherthanexpected thirdquarter earnings on Monday as the staterun miner cranked up production to meet surging demand for electricity in the nation along with...
Nvidia briefly went beyond Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the 4th most important U.S. company....
Russia's reliance on trade with Asia rose dramatically in 2023 while its service with European markets plunged, with Asia's share of Russian exports and imports increasing to...
Europe's increased reliance on Norway's oil and gas has actually made the nation's energy installations more at threat of attack, the head of among the companies charged...
U.S. oil producer Diamondback Energy stated on Monday it would purchase independently held competitor Venture Energy Partners in $26 billion cashandstock offer that continues a rapid consolidation...
The Nasdaq slipped on Monday afternoon after briefly exceeding its record closing high from November 2021, however the Dow and the S&P 500 increased modestly ahead of...
Genevabased trading house Montfort Group remains in conversation to offer part or all of its refining center in the United Arab Emirates to the fuel oil arm...
Dalian iron ore futures costs moved on Wednesday, weighed down by suppressed belief due to a. persistently weak steel market and lack of bigticket stimulus. in leading...
Lots of oil tankers utilized by Russia have stopped cruising under the Liberian and Marshall Islands flags in recent weeks after the United States increase sanctions enforcement...
Ukraine's grain exports up until now in March have amounted to 774,000 metric heaps versus 641,000 heaps in the very same period a year earlier, farming ministry...
Lots of oil tankers used by Russia have stopped cruising under the Liberian and Marshall Islands flags in current weeks after the United States ramped up sanctions...
Two Ukrainian drones struck fuel centers at one of Russia's largest iron ore plants on Wednesday, though no one was injured and the plant was working as...
The Baltic Exchange's dry bulk sea freight index, tracking rates for ships carrying dry bulk products, declined for a 2nd consecutive session on Wednesday, weighed down by...
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