Oil Demand to Hit Record Level This Year as China Reopens, IEA Says

Beijing’s rapid pivot away from its zero-Covid approach has largely taken the oil market by surprise.

Oil Demand to Hit Record Level This Year as China Reopens, IEA Says

Beijing’s rapid pivot away from its zero-Covid approach has largely taken the oil market by surprise.

Stock Futures Hover Ahead of Inflation Data

Market US market Ten-year Treasury yields fall, European stocks gain and oil prices rise

China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled

Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as sales of…

Stock Futures Edge Lower Ahead of Powell Comments

US stock futures wobbled on Tuesday, as investors took Fed remarks indicating a longer outlook for…

Energy Bulls Are Getting Paid to Stay Calm

Market heard on the street Oil and gas stocks are holding steady despite weak energy prices.…

Stock Futures Fall After Data Points to Strong Labor Market

Market US market Crude oil rises after falling at the beginning of the year

Russia’s oil embargo accelerates global energy flows

Russian crude is increasingly moving east to China and India, while Middle East producers are trying…

Russia threatens to cut oil production in response to Western sanctions

MOSCOW – Moscow threatened to cut oil production in response to capping Western prices, setting the…

U.S. Scores $4 Billion Windfall on Oil-Reserve Sales

Washington emerged as an unexpected winner after its release from the Strategic Petroleum Reserve.