News

The U.S. Department of Energy has authorized the exchange of as many as 1M barrels from the Strategic Petroleum Reserve to ...
Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...
The market remained cautious, however, as rising Saudi Arabian production and persistent concerns over global trade tensions ...
Freight rates for Russian Urals crude from Baltic ports to India have dipped again in July, falling to $5.0–$5.3 million per ...
Crude oil futures rise as markets anticipate Trump's 'major announcement' on Russia, impacting global oil supplies and prices ...
Crude oil prices climbed as markets awaited a 'major announcement' from US President Donald Trump related to Russia.
India's vegetable oil imports held steady at 15.49 lakh tonnes in June despite a significant increase in crude oil shipments ...
Crude oil prices have crossed $70 per barrel despite an increase in production quotas assigned to OPEC+ members, with ...
Two major oil companies plan to close crude oil refineries in California within a year, taking out about 18% of the state’s ...
The crude oil market continues to see a lot of upward pressure, as the oil markets are trying to price in the idea of demand coming into the markets are driving the price higher. Ultimately, we are ...
Freight rates for Russian oil shipments from the Baltic Sea ports to India have fallen in July-August as more tankers have ...
In this week’s Trader’s Corner, we are going to look at crude fundamentals and discuss the importance of recent trend changes ...