Here's What Refining Margins Say About the State of the Oil Market
With an uncertain picture on oil supply and demand, traders are searching for any clear clues on where
2023-06-07 19:50
Trafigura Traders Share $3 Billion Payout on Record Profit
Trafigura Group paid $3 billion to its top traders and executives as the commodity trading giant notched up
2023-06-07 19:47
Dam Destroyed in the Dead of Night Upstages Ukraine’s Counteroffensive
The 24 hours before Tuesday’s flooding of the Dnipro River basin were already dramatic, as Ukraine appeared on
2023-06-07 17:28
Finding Ways to Get Polluters to Pay for Climate Damages
The biggest achievement at the annual United Nations climate summit last year was committing to create a fund
2023-06-07 16:21
Rishi Sunak Seeks Closer Economic Ties in First White House Visit
UK Prime Minister Rishi Sunak will seek closer economic ties with the US during his first visit as
2023-06-07 13:16
India’s MRPL Shelves Refinery Growth to Focus on Chemicals Bet
India’s Mangalore Refinery and Petrochemicals Ltd. shelved a planned refinery expansion to focus on boosting its petrochemical production
2023-06-07 12:23
Morgan Stanley Makes Sole Underweight Call on Battery Giant CATL
Morgan Stanley slashed its recommendation on Contemporary Amperex Technology Co. to underweight, expecting geopolitical tensions to hinder the
2023-06-07 10:48
Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:18
US Backs Poland Gas Hedging, Drawing Climate Activists’ Ire
The US International Development Finance Corp. pledged up to $500 million to help increase Poland’s natural gas imports
2023-06-07 09:24
Oil Steadies as Concerns Over Demand Overshadow Saudi Output Cut
Oil steadied amid persistent concerns over the demand outlook following a short-lived bounce on Saudi Arabia’s pledge to
2023-06-07 08:48
RBA Alert to Risk Inflation Stays Too High, Too Long, Lowe Says
Australia’s central bank is “particularly attentive” to the risk that inflation stays too high for too long, Governor
2023-06-07 07:52
Brookfield Sells $1 Billion New Zealand Phone Stake to Infratil
New Zealand investment company Infratil will take full control of the nation’s second-biggest phone company after agreeing to
2023-06-07 06:28