Indian and Chinese refiners are increasing purchases of crude from the Middle East and the Atlantic Basin due to reduced ...
This week, two Indian state refiners bought up to 6 million barrels of Oman and Abu Dhabi’s Murban crude for prompt loading ...
Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Oil futures rose Monday, looking to build on recent strength that saw crude end at nearly three-month highs last week, ...
Reduced oil supply from Iran and Russia due to U.S. sanctions and pressure from OPEC+ is causing a surge in prices for Middle ...
Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets.