EIA Shows US Crude, Product Inventories Fell
Crude oil inventories in the United States dipped by 2.8 million barrels during the week ending May 23, according to…
Crude oil inventories in the United States dipped by 2.8 million barrels during the week ending May 23, according to…
The U.S. and parts of Europe are embracing a nuclear revival, with President Trump targeting a quadrupling of U.S. nuclear…
Ukrainian President Zelenskyy calls for increased international pressure on Russia, while Germany and Ukraine announce plans to jointly produce long-range…
A U.S. trade court struck down President Trump's tariffs, sparking a rise in oil prices as traders responded to the…
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More NewsReports suggest China's steel export surge has likely peaked due to rising trade barriers, declining domestic demand, and a shift towards emerging sectors, leading to projected drops in production and exports.
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1 day agoGermany plans to do all it takes to keep the Nord Stream 2 pipeline offline, German Chancellor Friedrich Merz said on Wednesday at a news conference with Ukrainian President Volodymyr Zelensky in Berlin.
1 day agoUS President Donald Trump expresses growing frustration with Russian President Vladimir Putin's actions in Ukraine after a series of deadly attacks, leading to diplomatic tensions and calls for increased pressure and sanctions.
1 day agoChina has instructed coal-fired power plants to boost domestic coal stockpiles in an attempt to stabilize falling prices, but oversupply and weak demand continue to weigh heavily on the market.
1 day agoOPEC+ is preparing for a major output hike in July and beginning discussions on 2027 production baselines, as key members push for higher quotas amid rising capacity and shifting global demand.
1 day ago