News

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...
A significant portion of US oil and gas stocks are trading below their book value, presenting a potential opportunity for ...
Oil prices have staged a decent recovery as the day has progressed following renewed demand concerns to start the week. Click ...
The crude oil market continues to see a lot of sideways action, as we are trying to find some kind of base so that we can ...
China's imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or ...
July NYMEX RBOB was 0.4ct lower at $2.0905/gal and June RBOB was nearly flat at $2.139/gal. July ULSD fell almost 1ct to $2.0815/gal and June ULSD was 1.25ct lower at $2.115/gal.
Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...
Commercial crude oil stocks are seen falling by 800,000 barrels to 441 million barrels in the week ended May 16, according to the average estimate of eight analysts and traders. Six expect a decline ...
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to ...
By Gift ChapiOdekina, Abuja The Chairman of the House Special Committee on Crude Oil Theft and Pipeline Vandalism, Hon.
The crude oil market continues to see a lot of noise at the moment, as we are trying to build up some kind of basing pattern. With this, I am a buyer of dips, but I also think it won’t be easy for ...