News

Ever wondered how thick, dark crude oil is transformed into the clear, powerful petrol you use every day? Step inside ...
India’s crude oil imports from its largest supplier Russia ... Of this, Urals alone accounted for around 1.43 mb/d, a 4-month high, reinforcing its role as the dominant Russian blend in India ...
The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...
U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Since 2005, when Chinese growth peaks, crude oil prices often peak about a ...
Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...
WTI crude oil (CL) may recover as trade tensions between the US and China ease. The Trump administration is considering cutting tariffs from 145% to 50% and 65%. This potential rollback could ...
The light sweet crude oil market had initially tried to break above the $65 level during the early hours on Wednesday, only to turn around and fall pretty significantly. This doesn’t necessarily ...
Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily. China will not cease to be a major importer of crude anytime soon. Most of ...
U.S. crude oil inventories rose for a fourth consecutive week amid higher net imports, while refineries ramped up their capacity use, according to data released Wednesday by the U.S. Energy ...
but the same can't be said for oil. Crude markets on Wednesday seemed to dismiss a White House cue that the ongoing trade war with China could soon tone down, implying less downward pressure on ...
Crude oil futures traded lower on Monday morning following progress in talks between Iran and the US on nuclear deal. This move helped ease concerns over a possible crude oil supply constraint.