Latest Market News
Orlen Q1 EBITDA Surges 22.8%, Beats Forecasts on Strong Margins
Polish energy giant Orlen reported a 22.8% jump in adjusted Q1 EBITDA, beating analyst expectations on higher refining margins and cost controls.
Naphtha Crunch Hits Japan and South Korea as Iran Conflict Strains Supply
A naphtha shortage, stemming from the Iran conflict, is paralyzing petrochemical giants in Japan and South Korea, with operating rates slashed and supply chains under threat.
Venezuela's Bitcoin Mining Success Inspires Colombia
Colombia eyes Venezuela's model of using clean energy for Bitcoin mining, with potential community co-ownership.
Petrodollar System's Enduring Impact on Global Oil Markets
Analysis of how the petrodollar framework continues to shape international oil trade and dollar demand decades after its establishment.
Petrobras Settles Record $2.95B US Class Action Over Corruption
Petrobras agrees to $2.95B settlement in US securities class action, one of the largest ever, as oil sentiment shifts bearish.