U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
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 ...
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
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.
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...
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