News

Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
NEW YORK (Reuters) - Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
More than eight months after imposing a 20% basic customs duty on crude soybean, palm and sunflower oil, the government has ...
West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during ...
Specifically, wildfires in Canada's west shut down almost 350,000 barrels per day (bpd) of crude production, just 60,000 barrels less than the amount of oil OPEC agreed over the weekend to add to the ...
Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create ...
Brent traded near US$65 a barrel after jumping 2.9 per cent on Monday. The blazes in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels a day of heavy crude production, more ...
Permian Basin Royalty Trust remains a sell due to weak business performance, low yield, and a poor oil market outlook.
Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...
For traders and investors, navigating this volatile environment means staying vigilant and understanding the factors ...