China’s top refiner posted a strong first quarter as higher crude prices lifted inventory values and stable domestic fuel sales helped to offset pressure from disrupted Middle East supply. China’s top refiner posted a strong first quarter as higher crude prices lifted inve
Dow Jones Industrial Average futures wobble as Iran talks stall, Crude Oil jumps The Dow Jones Industrial Average saw marginal gains on Tuesday's session, with futures holding near 49,200 and the underlying cash index adding roughly 0.1%, propped up by a 5% jump in Coca-Cola...</
The Dow Jones Industrial Average saw marginal gains on Tuesday's session, with futures holding near 49,200 and the underlying cash index adding roughly 0.1%, propped up by a 5% jump in Coca-Cola (KO) after a stronger-than-expected earnings print. The Dow Jones Industrial A
The European Union would prefer Southeast Asian countries to diversify their oil supply by buying oil from producers other than Russia, the EU’s foreign policy chief Kaja Kallas said on Tuesday during meetings of representatives with ASEAN countries. The European Union wou
Germany in talks with Poland over oil deliveries after Russia says to halt supplies Reuters Germany in talks with Poland over oil deliveries after Russia says to halt supplies Reuters
Oil price continues to rise despite UAE leaving OPEC "The oil price is on track for its seventh straight day of gains - hitting a 3-week high - despite the UAE leaving OPEC and OPEC+", says Axel Rudolph, Chief Technical Analyst at investing and trading platform... Oil pric
China is poised to resume exporting jet fuel, gasoline and diesel from May, in a move that could significantly ease the worldwide shortages caused by the Iran conflict. China is poised to resume exporting jet fuel, gasoline and diesel from May, in a move that could signifi
ICYMI: The HFI Research Institute, which specializes in analyzing oil and gas data, tweeted: Based on tanker trackers data, 20 VLCC oil tankers plus onshore storage capacity equivalent to 50 million barrels are almost enough for 53 days with an export volume of 1.7 million...
The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month. The world’s top crude exporter, Saudi A
Brent: Higher prices support Dollar and yields – Societe Generale Societe Generale analysts note Brent has rallied above $110 per barrel, with negotiations over Iran focused on restoring the status quo and reopening the Strait of... Brent: Higher prices support Dollar and
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