Glencore Files Legal Action to Recover $230 Million in Unpaid Oil Debt
Glencore sues to recover $230 million in unpaid oil, spotlighting counterparty risk and legal uncertainties in global energy trade.
Glencore sues to recover $230 million in unpaid oil, spotlighting counterparty risk and legal uncertainties in global energy trade.
Turkey extends its Iraq oil pipeline deal by one year, ensuring continued Iraqi crude flows and reducing supply disruption risks for global…
Guyana’s crude output surge fuels global supply growth, challenging OPEC’s market management and pressuring the Brent benchmark.
Tether increases physical gold holdings as Iran war triggers a temporary price decline, the stablecoin giant diversifying reserves to back USDT and…
Pemex swung to a $1 billion profit boosted by high oil prices, offering fiscal relief to Mexico and highlighting the ongoing benefits…
U.S. 10-year Treasury yields spiked and oil prices advanced as Federal Reserve dissenters warned of economic risks, signaling divisions that could alter…
UAE plans a comprehensive overhaul of its crude oil pricing mechanisms after wild swings roil markets, a shift that could reshape global…
European natural gas prices rally over 30% in July, driven by supply disruptions and geopolitical tensions, marking the biggest monthly gain since…
A hotter-than-expected 2.6% Eurozone CPI reading, fueled by an oil price spike from US-Iran military strikes, forces the ECB to stay hawkish…
Ukraine’s drone attack on Lukoil’s Volgograd refinery raises supply disruption risks for Russian oil products, lifting crude oil benchmarks and weighing on…
Fortescue Metals Group is redirecting sales away from China in response to mounting pressure from the state-owned CMRG, a move that raises…
Get the latest oil market news and analysis from Bloomberg for July 31, with insights on crude oil prices, market trends, and…