Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...
The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...