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Crude price
Crude Oil
Saudi Arabia May Raise April Crude Prices to Asia to All-Time Highs
Top oil exporter Saudi Arabia may sharply hike prices of crude for Asia in April.
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Crude Oil
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
Oil Price
Oil Prices Inch Higher Despite Large Gasoline Build
Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …
Crude Oil
Saudi Arabia may Set Deep Crude Price Cuts for Asia in February
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…
Crude Oil
U.S. Oil Rig Count Jumps Along With Crude Prices
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh …
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Oil Price
Goldman Says Oil Prices Already Account for a Joint SPR Release
The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks
Crude Oil
Barclays Lifts Brent Oil Price Forecast To $80 In 2022
Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…
Crude Oil
Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices
Prices are also up because of underinvestment in the sector, which led to tighter supply
Oil Price
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
Crude prices have surged in recent months as economies reopen after months of lockdowns
Crude Oil
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August …
Crude Oil
Oil Giants See Crude at $100/barrel on Supply Side Constraints
Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing
Crude Oil
Mercuria Sees Opec+ Control Keeping Crude Around $70/bl
Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…
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