Nigeria’s Dangote Oil Refinery Ramps Up Production With US Crude
Nigeria’s new mega Dangote oil refinery is slowly grinding into gear, with analysts and traders watching its ramp up closely ...
Column - China boosted Q1 crude oil storage as imports flatlined: Russell
China increased the pace at which it added crude to inventories in March as the world's biggest oil importer snapped up ...
Crude Oil Dips 3%; U.S. Bancorp Profit Tops Views
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Wednesday. The ...
Russian Crude Shipments Surge to the Highest in Almost a Year
Last week’s jump propelled total weekly flows to the highest since May 2023, for a level that has been exceeded only twice ...
US stocks end down, crude slides amid Fed, geopolitical crosscurrents
Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this ...
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Oil Moves Down on Crude Inventory Build
Crude oil prices moved lower today after the Energy Information Administration reported an inventory increase of 2.7 million ...
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U.S. crude oil drops by most since January as supplies rise more than expected
Crude oil futures fell for a third straight session Wednesday, with prices dropping to their lowest in three weeks, as ...
India's crude oil imports remain stable at 232.5 million tons in FY 2023-24
India imported 232.5 million metric tonnes (MMT) of crude oil in the financial year 2023-24, compared with 232.7 MMT the ...
Reimposing Sanctions on Venezuela Could Limit U.S. Access to Heavy Crude -- OPIS Analysis
The Biden administration's decision to reimpose sanctions on Venezuelan oil exports is expected to reduce the country's crude output by nearly 11% by ...
U.S. oil hovers near $83 as war fears ease after Israel refrains from immediate Iran counterattack
Oil has sold off 4% this week as traders unwind the geopolitical risk premium built into prices over the last two weeks.