News

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...
Crude oil futures fell for the third straight session, dragged down by higher inventory levels of U.S. fuels and concerns ...
Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand ...
Oil major Exxon Mobil bought Mars crude for August delivery, two sources said on Wednesday, after briefly halting purchases ...
Oil futures extended losses to three sessions, but pulled up from early lows as the EIA reports a 3.9 million barrel weekly draw in U.S. crude oil stocks following large builds the previous two weeks.
The crude oil markets continue to see a bit of weight to it, as we are looking to see if the previous resistance barrier can now offer enough support to keep the market afloat. At this point, I am ...
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.9 million barrels to 422.2 million barrels in the week ended July 11, and were about 8% below the five-year average for ...
China’s oil demand growth has stalled as electric vehicle sales surge and gasoline and diesel consumption decline.
Crude oil fell for a second straight day after President Trump's 50-day deadline for Russia to end the war in Ukraine and ...
U.S. shale drillers are reducing activity as falling crude oil prices and rising costs push profitability into a danger zone, ...
The level of crude oil inventories can significantly influence the price of petroleum products, and by extension, can impact inflation. An increase in inventories typically suggests weaker demand and ...
India aims to significantly increase its domestic Crude Palm Oil (CPO) production from 0.35 MT to 2.3 MT by 2029 through the ...