Indian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced ...

Indian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Bloomberg Reported that this week, two Indian state refiners bought up to 6 million barrels of Oman and Abu Dhabi’s Murban crude for prompt loading in February attributed the purchases to a shortfall ...

Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...

Crude ended lower Wednesday after the Energy Information Administration said U.S. crude supplies fell by 1 million barrels in the week ended Jan. 3, but gasoline inventories rose 6.3 million barrels ...

A shareholder of the Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, estimates that the ...

Citigroup commodity analysts on Thursday boosted their outlook for first-quarter Brent crude prices $71/bbl from $65/bbl earlier. While the analysts maintained a bearish price outlook for the year, ...

The upward momentum in crude oil prices at the start of the year has prompted analysts at Citi Research to raise their first-quarter estimate for benchmark crudes, while they remain bearish for the ...

Oil futures moved up Thursday to trade a bit higher for the week, after falling in two of the previous three sessions. Prices on Tuesday had settled at their highest since October.

The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...