Tether has entered the global commodities market by financing a $45 million crude oil transaction in October 2024.

Analysts at Citi said the "Trump Presidency and potential ‘red sweep’ is likely to be marginally net bearish for oil" prices, and project average Brent crude prices for 2025 at $60 per barrel. That's ...

Vitol Group, the world’s largest independent oil trader, is hedging its bets and seeks to expand into metals crucial for the energy transition ...

Oil and gas producers in the United States expect to find it easier to ramp up output and exploration under the incoming ...

Meanwhile, U.S. crude oil production stayed at its highest level ever ... Rigs in the Eagle Ford are now just 3 below where they were this time last year. Oil prices were trading down on Friday before ...

In an article titled “Is Nigeria fuelling Israel’s genocide against Palestinians?” which was published in Business Day ...

Asian shares rose, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in ...

Reliance Industries Limited is restructuring its trade operations by shifting its Dubai crude oil trading team back to Mumbai, according to sources familiar with the plan. Reliance is the world ...

The relocation of its crude trading team by the end of this year comes after the private refiner secured long-term oil supplies from Russia, reducing the need to buy spot cargoes, said one of the ...

Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil trading team back to Mumbai ...

NEW DELHI (Reuters) - India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil trading ...

Liberalizing the crude oil export regime would advance U.S. foreign policy. It would demonstrate Washington's commitment to free and fair trade, even in a politically sensitive sector, bolstering ...