News

Iran tensions are surging again, with US intel warning of a possible Israeli strike on Iran’s nuclear sites. This comes amid ...
Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...
Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
The crude oil market continues to see a lot of sideways action, as we are trying to find some kind of base so that we can ...
Company executives expressed confidence that their firms can and will withstand the new market downturn and continue to ...
China's imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or ...
Commercial crude oil stocks are seen falling by 800,000 barrels to 441 million barrels in the week ended May 16, according to the average estimate of eight analysts and traders. Six expect a decline ...
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By Gift ChapiOdekina, Abuja The Chairman of the House Special Committee on Crude Oil Theft and Pipeline Vandalism, Hon.
July NYMEX RBOB was 0.4ct lower at $2.0905/gal and June RBOB was nearly flat at $2.139/gal. July ULSD fell almost 1ct to $2.0815/gal and June ULSD was 1.25ct lower at $2.115/gal.
The crude oil market continues to see a lot of noise at the moment, as we are trying to build up some kind of basing pattern. With this, I am a buyer of dips, but I also think it won’t be easy for ...
Oil prices have staged a decent recovery as the day has progressed following renewed demand concerns to start the week. Click ...