Oil prices fell earlier on Thursday as Saudi Arabia and other OPEC+ states agreed to bring…
Tag: crude oil
Oil Jumps To 13-Week High On Rising U.S. Gasoline Demand
The move has raised tensions with the United States and other countries negotiating with Iran over…
Oil Rises On Tight Supplies; Trade Choppy On Demand Worries
Brent crude rose 26 cents to settle at $122.27 a barrel. U.S. West Texas Intermediate crude…
Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand
Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could…
Russia Becomes India’s Second Biggest Oil Exporter, Trade Sources
Russian grades accounted for about 16.5% of India’s overall oil imports in May By Reuters |…
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…
Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers
Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about…
Iran Urges Greece To Cooperate Over Seized Ships Without U.S. Role
Tehran seized the Greek ships on Friday after Athens impounded the Iranian-flagged Pegas in April. The…
Oil Surge Fans Inflation Fears, Dampens Stocks
Brent crude futures dashed to two-month highs above $123 a barrel and could rise further, analysts…