Latest Oil Market News and Analysis for Aug. 18

Federal Reserve Chairman Kevin Warsh used his keynote speech in Jackson Hole, Wyoming, last week to map out some of the key data points he leans on to read the US economy, offering new insight into his approach to…

Russian President Vladimir Putin officially launched a key plant at one of the world’s largest copper deposits after the facility was rebuilt almost from scratch following a fire almost three years ago.

There's been an “explosion” in the sale of illegal tobacco in Scotland, according to Trading Standards.

Italian energy producer Eni SpA aims to eventually boost production from its Venezuelan operations to more than 1 million barrels a day, a figure that includes volumes from state-owned Petróleos de Venezuela SA,…

Bankers are lining up about €1 billion ($1.2 billion) of debt financing to back Apax Partners’s purchase of two businesses from packaging firm Gerresheimer AG.

Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.…