By Yuka Obayashi TOKYO (Reuters) - Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in stockpiles, boosting hopes of solid fuel demand during the summer driving season in the…
Investing.com-- Oil prices rose in Asian trade on Wednesday, staying near two-month highs after industry data showed U.S. inventories saw a massive drawdown in the past week, boosting optimism over demand.Prices fell slightly on Tuesday,…
It’s that time of year again when many of us have interns joining the desk. So, over the next few weeks, we’ll add guides on trading, exchange-traded funds (ETFs) and maybe even options. Plan your Fridays accordingly!As…
By Erwin Seba HOUSTON (Reuters) -Crude oil prices fell on Tuesday as fears faded that Hurricane Beryl would disrupt supplies as the storm will avoid most oil fields as it barrels toward Jamaica. futures settled down 36 cents, or 0.42%, at…
By Marianna Parraga HOUSTON (Reuters) - The second bidding round for shares in refiner Citgo Petroleum's parent was "successful," with several competitive bids received last month by a U.S. federal court, a representative of the court…
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) -Oil refiner CVR Energy (NYSE:), controlled by billionaire investor Carl Icahn, has submitted a binding offer in an ongoing auction of shares in the parent of Venezuela-owned Citgo…
By Sabrina Valle HOUSTON (Reuters) - The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil (NYSE:)'s claim against Chevron (NYSE:)'s $53 billion purchase of Hess Corp (NYSE:), two people…
Investing.com - According to a research note released on Monday, UBS analysts suggest that global gas prices are set to rise, driven by tightening supply and demand fundamentals.
Analysts have increased their gas price forecasts for Europe…
Investing.com-- Oil prices settled lower Tuesday, after easing from two-month highs, despite expectation for increased demand during the Independence Day holiday and potential supply risks from geopolitics and weather-related…
By Daphne Psaledakis and Matt Spetalnick WASHINGTON (Reuters) - The Biden administration remains open to dialogue with the Venezuelan government, U.S. officials said on Tuesday after President Nicolas Maduro said he had agreed to restart…