News

Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Stock Market Today: Dow, S&P 500 and Nasdaq set to slip as soft tariff deadline approaches; Tesla shares slump; Oil prices fall.
U.S. stock futures eased Monday after a three-day break, after President Donald Trump said he would start sending out letters ...
Trump administration fast-tracks oil transport expansion in eastern Utah
The Bureau of Land Management approved the expansion of an oil transloading facility in Carbon County Thursday evening after ...
Ukrainian drone strike hits major oil refinery in Russia's Krasnodar Krai, HUR source claims
Located roughly 500 kilometers (311 miles) from Ukrainian-controlled territory, the refinery is among the largest in southern ...
Exclusive: OPEC+ set to complete big oil output cut unwinding in Sept, sources say
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
After Gasoline, China’s Oil Refiners Face a Jet Fuel Glut
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Soyabean oil has outperformed gold, silver and copper so far this year
Soyabean oil prices have surged over 30 per cent so far this year, outperforming gold, silver and copper. This increase is largely due to the US Environmental Protection Agency’s (EPA) proposed ...