Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...
For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...
The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...
India, the world's third largest oil consuming and importing nation, is hoping that more oil production coming from the ...
This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...
The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...
The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.