Canadian miner Teck Resources Ltd. said it received and rejected a proposal from Glencore Plc to buy the company for shares and then spin off their combined…
Oil refiners in Asia like the wider crude market have found themselves caught out by the surprise Saudi-led move to spearhead an OPEC+ production cut, and…
OPEC+’s surprise move to cut 1 million barrels a day of oil production is poised to raise US fuel prices just as President Joe Biden is expected to launch his…
Federal Reserve Bank of St. Louis President James Bullard said it was not clear what higher oil prices will mean for US monetary policy, although OPEC’s…