China made rare draw on crude oil inventories amid weak imports: Russell
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports ...
What Will Geopolitical Uncertainties Do To Crude Oil Prices?
The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...
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Oil’s Oversupply Spiral: Can Prices Stay Above $60?
According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...
The U.S. is the world’s largest oil producer. So why does it still import crude from Canada?
The U.S. is the world’s largest oil producer, but it still needs to import more crude oil than it makes. The majority of ...
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India's Oil Imports Plunge 11 Per Cent in December, See How US Sanctions Impacted Crude Supply
Official data revealed that the total value of crude oil imports fell by 10.6 per cent year-on-year, decreasing to $10.34 ...
Crude oil market share battle may be kicking off in Asia
A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost ...
A fiery collision in the North Sea has raised fears of an environmental disaster. Here’s what we know
Fears are mounting of a potential environmental disaster off the coast of Britain after a cargo ship smashed into an oil ...
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What's driving the drop in crude oil prices?
The recent drop in crude oil (CL=F, BZ=F) prices raises concerns about its impact on global markets. Factors such as President Trump's tariff announcements and expected OPEC supply increases have ...
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose by 3.6 million barrels last week, which was more than expected, resuming an upward trend ...