Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

RBOB futures were seeing gains of about 1.4% Friday, with August prices ahead 2.91cts to $2.1815/gal and September prices rising 2.97cts to $2.1393/gal. RBOB prices are currently up about 6cts/gal for ...

FTSE 100 closes winning week on the back foot - Figures showed the UK economy shrank again in May, confounding expectations ...

By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European shares closed lower on Friday, as losses in banks and healthcare stocks weighed at the end of a week marred by U.S. President ...