News

In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
The U.S. is leading a revival of exploration and drilling in the Western Hemisphere.
Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers in Asia, according to Bloomberg. The hike adds $1 per barrel, bringing the ...
US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...