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Saudi Aramco May Merge Trading Units Ahead Of IPO

Ahead of potential IPO plans for its trading arm, Saudi Aramco is eyeing a merger between Aramco Trading Co and Motiva Trading, Reuters reported Thursday ....

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U.S. Natural Gas Rises Over 4.5% Amid Pre-Summer Heat Wave

After plunging to a 5-week-low on Tuesday, natural gas prices in the U.S. have ramped up again, gaining 4% on Wednesday on excessive temperatures expected to last through next week ....

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Oil Climbs Back To Nearly $123 After China COVID Scare

Early Monday saw oil prices drop as COVID concerns added to fears that a rebound in Chinese demand would take longer, but by Monday afternoon, bullish sentiments had returned ....

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