Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to…
Tag: crude oil demand
India’s Fuel Demand Jumps 24% Year-On-Year In May
Last month’s increase was the biggest year-on-year jump since April 2021. Consumption also rose modestly, by…
Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax
Tight supply has been aggravated by a drop in exports from Libya amid a political crisis…
OPEC Sees Global Oil Demand Growth Slowing In 2023 – Report
OPEC expects world demand growth of 2 million barrels per day or less in 2023 as…
Oil Eases As China Lockdowns Weigh On Demand Outlook
Brent crude futures rose 15 cents to $107.74 a barrel by 0410 GMT while U.S. West…
India’s Reliance Buys At Least 15 Million Barrels Of Russian Oil – Report
Indian refiners have snapped up the cheap barrels of Russian crude as India, the world’s third-biggest…
Some Indian Refiners Set To Cut May Saudi Oil, Snap Up Russian Barrels
Atleast two refiners expected to buy less Saudi oil following a rise in official selling price…
Oil Prices Rise On Tight Supplies, Stable Demand
Brent crude rose $1.54, or 1.4%, to $114.02 a barrel by 1110 GMT, and U.S. West…
India’s Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
India’s crude oil import dropped 8.6 percent over January 2022 while fuel consumption rose 5.4 percent…