Browsing: Oil
Brent oil prices ballooned to a seven-year high, driven mainly the sustained demand and limited supplies in the top regional…
China to release crude oil from its strategic reserves around the Lunar New Year holidays as part of a coordinated…
US commercial crude oil inventories fell by 4.6 million barrels from the prior week. At 413.3M barrels, the US crude…
Saudi Aramco is set to widen its foothold after agreeing to acquire a minority stake in a Baltic coast refinery…
Global oil prices plunged moderated as supply issues in coronavirus-hit countries eased, and market players took into consideration the possible…
US commercial crude oil inventories dropped by 2.1 million barrels from the prior week. At 417.9M barrels, the US crude…
Global oil prices jumped further on Tuesday, driven by the ongoing supply issues and the possibility of lower US inventories…
Japan kickstarts a sale of oil from its strategic reserves to control the rising prices with a moderate sale, joining…
London Oil futures dropped 0.9% to around $76 per barrel on Friday as trading volumes reduce in the holiday seasons.…
Europe is drawing a fleet of U.S. liquefied natural gas cargo ships amid an ongoing energy crisis that has triggered…
US crude oil inventories dropped by 4.7 million to 423.6 million barrels in the week closing December 17. The total…
Oil continued to plunge due to concerns of the Omicron variant spread and the possible fallout of President Joe Biden’s…