News

Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest ...
VLCC rates look poised for a strong second half of the year, according to London-based pools operation Tankers International.
Suezmax and aframax tankers have increasingly been heading to Europe with Kazakhstan crude from the Black Sea as higher rates ...
Brent crude futures edged down toward $69 on Tuesday as markets weighed upcoming U.S. tariffs, rising OPEC+ output, and ...
Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, ...
More than 85 people are confirmed dead after a flash flood swept through communities along the Guadalupe River in Texas last week.
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...