News

EIA data showed U.S. commercial crude inventories rose 1.3 million bbl for the week ended Friday, marking a second consecutive weekly build. Gasoline and distillate stocks also increased by 0.8 ...
Oil futures traded sideways with the market pondering the eventual effect on supply of negotiations around Iran’s nuclear program and the Russia-Ukraine war.
Oil companies have spent $17 billion on acquisitions in the last three months, a steep fall from the height of dealmaking in ...
Futures markets were mixed as midday approached Friday, with crude oil finding some upward momentum and product futures running flat to a bit lower.
The NYMEX July RBOB contract was down by 3.95cts to $2.0915/gal and June RBOB was off by the same amount to $2.1305/gal. The July ULSD contract was 3.2cts lower at $2.121/gal and June ULSD was down by ...
The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
Investors have been on edge as tariff threats, geopolitical tensions, and recession fears create a volatile trading ...
This week we get US CPI tomorrow and a new University of Michigan consumer sentiment on Friday, although it may be too late ...
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Indian Oil Corporation Limited (IOCL) is India’s largest government-owned oil and gas company, headquartered in New Delhi. Established in 1959, it operates across the entire hydrocarbon value chain, ...
The former manager of marine fuel supplier OW Bunker's Singapore subsidiary said on Tuesday he would appeal the 18-month jail term he was sentenced to last month, his lawyer told Reuters.On May 30 ...