Commodities News

Total rigs 630 versus 641 last week. Down -11 on the weekOil rigs versus 507 vs 515 last week. Down -8 on the week.Gas rigs versus 118 vs 121 last week. Down -3 on the week. Crude...

It's not the first indictment for Sen. Bob Menendez, who has held public office continuously since 1986, when he was elected mayor of Union City.

Oil-rich Libya has been fighting to get its oil industry back on track over the last decade, since the Arab Spring and subsequent political instability. Following the failed...

Nigeria has secured a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, including ExxonMobil, Shell, and...

Oil prices climbed on Friday, trading near the highest level in 10 months seen earlier this week, after news Thursday that Russia has banned the export of diesel and gasoline which...

Crude oil futures rose in midmorning Asia trade Sept. 22 after Russia introduced a ban on exports of diesel and gasoline, bringing tight supply concerns to the fore. Not...

Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted demand fears driven by macroeconomic headwinds and high interest rates. Brent...

Exxon Mobil Corp (NYSE:) expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels as demand continues to rise,...

Startup companies traditionally have turned to private equity and venture capital funds for financing, but big oil and gas companies have a chance to become early supporters of...

Russia's recent decision to restrict its diesel and gasoline exports has pushed oil prices higher, countering economic concerns sparked by the Fed's recent reiteration of its...

Market participants are concerned Russia's decision to tighten oil supplies could cause problems for the world's refiners.

Gold prices recovered some ground on Friday, paring some of their losses from their worst day in nearly two months on Thursday as markets looked to finish a roller-coaster week on...

Phasing out fossil fuels is unrealistic as oil, natural gas, and coal will continue to play a crucial role in global energy supply and energy security, China’s special climate...

The benchmark natural gas prices in Europe and the UK dropped early on Friday after Chevron and trade unions settled a labor dispute which led to the unions calling off the strikes...

Oil prices were on track to post a small weekly loss early on Friday after the Fed signaled this week that interest rates could remain higher for longer, although it skipped a rate...

Residual fuel oil stocks at key trading hub Singapore climbed to four-week highs in the week to Sept. 20, official data showed, with net imports nearly doubling from last week....

Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted demand fears driven by macroeconomic headwinds and high interest rates. Brent...

Bank of America on Tuesday said thatwhile the heatwave in Texas almost halvedthe U.S. natural gas storage surplus, a mild winter could still drive stocks to records and push prices...

Saudi Arabia, the world’s second largest oil producer, has slashed the premium charged on exports to India while many others have discontinued it altogether, a person aware of the...

India is set to dominate the new build and expansion refinery projects in Asia, accounting for 45% of the upcoming crude oil refinery projects starts in the region between 2023 and...

JPMorgan on Friday pounded the table for energy stocks, as higher-for-longer interest rates further squeezes the flow of capital into new supply.

Chevron and workers back brokered deal to end LNG strikes

A federal judge has ordered the Department of the Interior to expand the area to be offered for oil and gas leasing in the Gulf of Mexico later this month. The judge said that the...

"It's not about . . . jacking up prices, it's about making the decisions that are right when we have the data," Saudi energy minister Abdulaziz bin Salman said this week,...

Over the past couple of months oil markets have been on fire, with oil prices gaining 30% since June after Saudi Arabia and Russia announced they would extend their production cuts...

Comments come from Mark Fisher, founder and CEO of MBF Clearing Corp., a large futures commission merchant (FCM) He was interviewed on CBNC on Thursday."There used to be the...

The oil price rally continues to display strong momentum as tightness in the physical markets shows no sign of easing. The past seven trading days have all seen new...

The price for Brent has risen, Morgan Stanley said in a note on Thursday, and all signals for crude oil are “flashing tightness,” with prices being supported at current levels....

The third week of September began on a positive note for VLCC crude oil freight rates, moving well off the August lows and setting a more energetic tone in the transition from the...

Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a Russian ban on fuel exports snapped focus away from Western economic headwinds...