The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE ...
The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes.
While crude has grabbed headlines, the extreme price action is in refined products and particularly middle distillates', Sparta Commodities CEO Felipe Elink Schuurman said.
'By capitalizing on a strong market opportunity, this divestment allows us to monetize an asset that is not central to Shell's lubricants portfolio in the U.S. and reinvest in opportunities that ...
Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.
Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Donald Trump called $100 oil a 'small price to pay'.
Attention is now shifting to Kharg Island, following an Axios report that the Trump administration has discussed seizing the ...
In a market comment sent to Rigzone on Monday morning, Aaron Hill, Chief Market Analyst at FP Markets, noted that, as of early trading this morning, both WTI and Brent “are up a whopping 14 percent ...
Bahrain's main energy company, which operates the island nation's only oil refinery, declared force majeure on operations ...
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past ...
Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15 percent of global oil ...
Iberdrola SA has completed an agreement to buy Victoria state's 242-megawatt (MW) Ararat Wind Farm from OPTrust and Partners Group. Ararat, operational since 2017, becomes the Spanish power and gas ...
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