US Crude Oil Inventories Projected to Rise, Gasoline and Distillate Stocks Also Expected to Fluctuate
Anticipated Increase in Crude Oil Inventories
Analysts and traders are predicting...
Japan Considers Extending Fuel Subsidies to Tackle Rising Gasoline Prices
Government Considers Extending Subsidies
Japan's government is contemplating extending subsidies to curb gasoline prices, a move...
Gold Prices Surge in Pakistan, Global Market Follows Suit
Gold Prices Witness Significant Increase in Pakistan
The gold market in Pakistan experienced a substantial surge in...
European Gas Prices Surge Amid Supply Concerns and Potential Pipeline Sabotage
Supply Concerns and Potential Sabotage Lead to 20% Increase in European Gas Prices
European gas...
Yellen: G7-led Price Cap on Russian Oil Significantly Reduces Revenues
Yellen Highlights Impact of Price Cap on Russian Oil
U.S. Treasury Secretary Janet Yellen has emphasized...
Russian President Putin Supports OPEC+ Coordination for Oil Market Stability
Russian President Vladimir Putin expressed his confidence in the continued coordination by the OPEC+ group...
Suniva to Restart Georgia Factory Thanks to Biden Climate Law
US Solar Manufacturer Suniva Benefits from Biden's Climate Law
Suniva, the US solar manufacturer that fought...
Exxon Mobil to Acquire Pioneer Natural Resources in $59.5 Billion Deal
Exxon Mobil's Expansion into Shale Production
Exxon Mobil announced on Wednesday its plans to acquire...
Damage to Baltic Gas Pipeline Raises Concerns for Kremlin
Kremlin Expresses Concern Over Balticconnector Gas Pipeline Damage
The Kremlin has expressed deep concern over the recent...
Oil Prices Could Hit $100 Amid Middle East Turmoil
Commodity Trader Mercuria Predicts Oil Surge
The deputy CEO of commodity trader Mercuria, Magid Shenouda, has stated...
Crude Prices Rise Slightly as Market Seeks Direction
Positive Start to Asian Session
Crude prices made a slight recovery in Wednesday’s Asian session, trading just above...
China Saves Billions on Oil Imports Despite Western Sanctions
China Benefits from Record Oil Imports Despite Sanctions
China has managed to save nearly $10 billion this...
