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Russia’s Oil Products Still Evade Price Cap
The price cap on Russian crude oil products isn’t as effective as the implementers intended, [...]
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Asia Snapping Up U.S. Crude Oil In Near Record Amounts
Asia has scheduled near-record volumes of U.S. crude oil to be shipped next month, according to trade [...]
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Oil Demand Jumped By 3 Million Bpd In May To Near-Record Levels
The world’s oil demand jumped by more than 3 million barrels per day (bpd) in May compared to April, [...]
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Oil Prices Fall As Fears Of A Global Economic Slowdown Grow
Crude oil prices extended a slide that began earlier this week as fears of a global slowdown [...]
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U.S. Crude Oil Inventories See Bigger Dip Than Expected
Crude oil inventories in the United States decreased this week by 1.246 million barrels, the American [...]
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Crude oil prices may rise as Saudi output cuts kick in but remain range-bound: Experts
Crude oil prices are expected to rise after Saudi Arabia cuts production from July, but they are [...]
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Russia’s Crude Oil Processing Hits New Highs
Russian refineries processed 5.49 million b/d of crude in the week spanning June 8-14, a 2-month [...]
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Russia Sees $80 Oil Price As Realistic This Year
It is realistic to believe that oil prices could reach $80 per barrel this year, it is an achievable [...]
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U.S. Crude Trading At Big Discount To Dubai Oil
Heavy trading in Dubai oil has lifted its premium to WTI crude to its highest since late March, a [...]
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IEA: Global Oil Demand Will Peak Before The End Of The Decade
The Paris-based International Energy Agency (IEA) has predicted that global oil demand will peak [...]
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