In May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports.Stockpiling rate exceeded 1 million barrels per day in May for the second-consecutive month, Vortexa said in its latest analysis. In May, China’s seaborne crude imports dropped to below 10 million barrels per day, an…
Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering…
The USD/JPY exchange rate could be on the verge of a big move after forming a symmetrical triangle ahead…
During the last two major crypto market booms in 2017 and 2021, stablecoins have been just a footnote. But now,…
Oil prices climbed sharply last week following Israel’s airstrike on Iran and the latter’s retaliatory action on Tel Aviv.However,…
EU Energy Commissioner Dan Jorgensen announced on Monday that the European Commission will not include measures to limit the…
Nippon Steel’s long-delayed merger with US Steel has concluded a fraught chapter in industrial dealmaking, but some investors of…
Even as tensions simmer in the Middle East with the possibility of crude oil supply disruptions, prices are likely…
The relationship between tech billionaire Elon Musk and President Donald Trump took a contentious twist, casting uncertainty over SpaceX’s…