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Oil price
Oil Price
Oil Prices Fall on Demand Concerns
Crude oil futures prices dropped on Monday due to concerns over demand and strength in the U.S. dollar.The West Texas Intermediate (WTI) for June delivery decre…
Crude Oil
US Crude to Dominate Brent Oil Benchmark Under Index Change
Texas crude is set to assume a key role in the world's most important benchmark - Brent - as oil-index publisher S&P Global Platts adds US WTI Midland crude…
Oil Price
Oil Rises as Falling US Inventories Refocus Market on Demand
Oil rose after plunging more than 2 per cent in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust deman…
Oil Price
Oil Dips on Concerns Further Interest Rate Increases May Dampen Crude Demand
Crude futures last week recorded their first weekly loss since March
Oil Price
China to Raise Gasoline, Diesel Retail Prices
China will raise the retail prices of gasoline and diesel from Tuesday, based on the recent rise in international oil prices.Gasoline and diesel prices will go …
Crude Oil
Oil Prices Steady Amid Expectations of Tight Crude Supply
Investors will be closely watching Chinese economic data this week
Oil Price
Oil Prices Stable After Recent Gain Amid Tight Market
Crude remains steady as investors await latest economic data due this week
Oil & Gas Trade
Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
An oil tanker at the Sheskharis complex in Russia. The country has extended its 500,000 bpd cut until the end of the year. AFPOil posted a third weekly gain aft…
Oil & Gas Trade
EU to Maintain Russian Oil Price Cap at $60
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet…
Oil Price
UAE Petrol and Diesel Prices to Decrease in April
Petrol prices have dropped for a second time this year. Victor Besa / The NationalThe prices of petrol and diesel in the UAE will fall in April, it has been ann…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
Oil Price
Cornwall Insight Release Price Cap Predictions for July and October 2023
Prior to the introduction of the April-June 2023 Default Tariff Cap (price cap), Cornwall Insight are releasing our latest predictions for the third and fourth …
Natural Gas
Chevron, Marathon Oil and Equatorial Guinea Govt Pursuing Further Development of Gas Mega Hub
Houston-based energy company Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, has inked a Heads of Agreement (HOA) with t…
Oil Price
Oil Stable on Mixed Drivers, Market Eyes Iraq Exports
Oil was nearly steady as a surprise drop in US crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developm…
Oil Price
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierre Andurand of…
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