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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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Centrica Looks To Reopen Britain's Biggest Natural Gas Facility

Centrica has filed an application to restart the UK’s largest natural gas storage site following its closure five years ago over economic concerns ....

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