Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...
The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...
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 ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...