News

India's Kerala state seeks $1.1 billion in compensation from MSC over oil spill
India's southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation ...
Turkey's youngest oil wrestlers keeping a 14th-century tradition alive
EDIRNE, Turkey -- On a grass field slick with olive oil and steeped in tradition, hundreds of boys as young as 11 joined the ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Indonesia palm oil group says palm oil exports to US may fall due to tariffs
Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian goods, Hadi Sugeng, ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
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Oil Prices Expected to Stay Under $70
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Oil prices expected to drop below $60 on increasing OPEC+ supply
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
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Oil Markets Are Tighter Than They Look
China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, could drive unexpected bullish shifts in oil markets ...
Shares steady, dollar firms on US tariff letters; oil dips
Stock markets in Asia took in stride the latest twist in U.S. President Donald Trump's tariff roll-out on Tuesday, as the ...