How China’s sanctioned oil imports are rebounding despite global pressure
Although they were relatively minor buyers of Russian Urals and Arctic crude (averaging 270,000 barrels a day in 2024 compared to Indian refiners), China’s oil majors quickly secured alternative ...
energy.economictimes.indiatimes12h
Oil falls 2% but concerns over supply disruptions provide support
Oil prices dropped by 2% on Friday but remained steady for the week as supply concerns in Russia and uncertainty about a ...
Oil News: Traders Await Catalyst as Crude Tests Critical Pivot Area
Crude oil dips as easing Mideast tensions and rising U.S. inventories counter supply disruptions. Market awaits fresh ...
BOE Report16h
U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face ...
Crude oil drops to YTD low as OPEC expected to delay planned production hike
Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...
Oil settles down $2, posting weekly loss as Mideast risk premium fades
Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle ...