Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to ...
Crude oil futures traded lower on Thursday morning, despite a sharp decline in US crude inventories for the week ending September 12. At 9.57 am on Thursday, November Brent oil futures were at $67.77, ...
Crude oil slips below 200-day moving average at $63.08, signaling a shift toward a bearish trend in oil futures. OPEC+ may approve a 137,000 bpd output hike this week, raising fears of an oversupplied ...
Here are three energy stocks that have turned oil pumps into cash-gushing machines.
U.S. oil production growth will stall if prices stay near $60 per barrel, as fewer drilling sites are profitable at that ...
The oil market has dropped a bit in the early hours of Monday, and as a result, we are testing the support level of the overall consolidation region that has been so important in the recent past. The ...
LAUNCESTON, Australia, Sept 15 (Reuters) - China's surplus crude surged to just over 1 million barrels per day (bpd) in August as robust imports and domestic production trumped an increase in refinery ...
https://www.thehindubusinessline.com/markets/commodities/crude-oil-futures-rise-amid-geopolitical-tensions-and-eu-sanctions-threat/article70079263.ece Copy Crude oil ...
India has proposed to the US Administration that it could decrease its reliance on Russian crude oil if granted permission to purchase oil from Iran and Venezuela. Despite US pressure and increased ...
Nigeria’s upstream oil sector recorded a year-on-year increase in output, averaging 1.63 million barrels per day (bpd) of crude oil and condensates in August 2025, up from 1.58 million bpd in the same ...
The Federal Government has disclosed that a total of 67,657,559 barrels of crude oil were supplied to local refiners for processing between January and August 2025. This figure, confirmed by the ...
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said that there are no sanctions on the purchase of Russian crude oil, and the world will face serious consequences if the ...
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