West Texas Intermediate (WTI) US Oil trades around $98.00 on Tuesday at the time of writing, up 3.21% on the day, reaching its highest level since mid-April. West Texas Intermediate (WTI) US Oil trades around $98.00 on Tuesday at the time of writing, up 3.21% on the day, r
The government’s borrowing costs have risen to their joint highest level since the 2008 financial crisis, after a sharp jump in the oil price prompted a sell-off in UK debt because of concerns over inflation. The government’s borrowing costs have risen to their joint highe
NYMEX Natural Gas May futures settle at $2.5590/MMBTU. NYMEX Natural Gas May futures settle at $2.5590/MMBTU. Nymex Gasoline May futures settle at $3.5604 a gallon. NYMEX Diesel May futures settle at $3.9712 a gallon. NYMEX WTI crude June futures settle at $99.93 a
Germany is hunting for solutions to reroute crude oil supplies to the PCK Schwedt refinery after Russia said it would halt Kazakh oil deliveries through the Druzhba pipeline starting May 1, with roughly 43,000 barrels per day (bpd) now at risk. Germany is hunting for solut
What is going on with Opec? What is going on with Opec? There is a negative tone to markets on Tuesday. US indices are lower, led by large declines for Nvidia, Intel, Sandisk, Arm Holdings and AMD. Fears about the uptake of OpenAI’s latest models is fueling the... R
China’s top refiner posted a strong first quarter as higher crude prices lifted inventory values and stable domestic fuel sales helped to offset pressure from disrupted Middle East supply. China’s top refiner posted a strong first quarter as higher crude prices lifted inve
Dow Jones Industrial Average futures wobble as Iran talks stall, Crude Oil jumps The Dow Jones Industrial Average saw marginal gains on Tuesday's session, with futures holding near 49,200 and the underlying cash index adding roughly 0.1%, propped up by a 5% jump in Coca-Cola...</
The Dow Jones Industrial Average saw marginal gains on Tuesday's session, with futures holding near 49,200 and the underlying cash index adding roughly 0.1%, propped up by a 5% jump in Coca-Cola (KO) after a stronger-than-expected earnings print. The Dow Jones Industrial A
The European Union would prefer Southeast Asian countries to diversify their oil supply by buying oil from producers other than Russia, the EU’s foreign policy chief Kaja Kallas said on Tuesday during meetings of representatives with ASEAN countries. The European Union wou
Germany in talks with Poland over oil deliveries after Russia says to halt supplies Reuters Germany in talks with Poland over oil deliveries after Russia says to halt supplies Reuters