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Indian Oil Corp (IOC) has acquired 2 million barrels of U.S. West Texas Intermediate crude for October, navigating ...
Oil prices steady ahead of Trump-Putin summit in Alaska, potential supply changes from Russia could impact global markets.
Traders anticipate potential easing of US sanctions on Russian energy, which could boost supply amid concerns over slowing ...
Gasoline prices are expected to rise next week after a week of rollbacks, while diesel and kerosene are likely to continue their downward trend, the Department of Energy said on Friday,.
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
Saudi Aramco, the kingdom's state-controlled oil producer, raised its OSP for its flagship Arab Light blend to Asia to a premium of $3.20 a barrel above the Oman/Dubai average ...
IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...
Global oil markets could see a bigger surplus this year than previously projected, with supply growth outpacing demand by more than three to one, The Wall Street Journal writes. The International ...
Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday’s closely watched U.S.-Russia summit.
Russia plans to spread out the pending oil output cuts needed to offset exceeding its OPEC+ quota by three months, Bloomberg reported, citing an updat ...
BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...
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