barrel

Russia Emerges as India’s Dominant Oil Supplier, Surpassing Traditional Middle Eastern Sources

In a significant shift within India's crude oil market, Russia has surpassed Saudi Arabia, Iraq, the UAE, and the US…

2 years ago

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Oil rises on demand optimism as China borders reopen

Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and…

3 years ago

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with…

3 years ago

Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to…

3 years ago

Oil prices climb on concerns over tight supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand…

3 years ago

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

3 years ago

Oil prices fall as Libya resumes output, global demand outlook darkens

Oil prices fell on Friday on a weakening global demand outlook and the resumption of some Libyan crude oil output.

3 years ago

Oil prices slip ahead of U.S. inventory data

Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation…

3 years ago

Oil falls towards $125 as investors weigh U.S. import ban

Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil…

4 years ago