Russian economy could no longer survive without China, India and Turkey
The OEC's recently published figures for 2023 show China and India out in front as Russia's two main export markets, ...
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 ...
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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 ...
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 ...