Tag: Crude Oil Market
Oil Prices Crash Amid Omicron Panic
Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market, reports...
Asia Crude Oil: Key Market Indicators for Oct 18-22
Crude oil markets started the Oct. 18-22 trading week on a bullish note as the supply-demand outlook remained supportive for prices amid a continued...
Crude Oil Price Forecast
WTI Crude Oil
The West Texas Intermediate Crude Oil market has rallied again during the trading session on Monday to make a fresh, new high....
Oil Market Plunge 7% For The Week Due To Covid Surge
Despite a steady stream of data and analytical arguments to the contrary, crude traders on Friday were fully consumed by the notion that...
Oil Prices Spike As Economies’ Demand Increases With Recovery
“Brent value should peak out around $80 a barrel as Opec supply will inevitably move higher, given the lure of higher price realisation...
Crude Oil Price Forecast
WTI Crude Oil
The West Texas Intermediate Crude Oil market gapped lower to kick off the trading session on Thursday, only to turn around and...
Strong Crude Oil Demand Pushes the Prices
China ramps up crude processing as margins improve.
Asian refiners back from maintenance.
Strong demand push Oman, Russian ESPO, Sokol to 11-mth high.
...
DSME Built Giant Oil Tanker Launched
The Oman Shipping Company launched the giant oil tanker (Dhalkot), which was built at the DSME shipyard in South Korea and is the last...
Covid Hit Crude Oil Prices Less Optimistic in 2021
The year 2020 was a roller-coaster ride for commodities and especially for crude oil.
WTI crude prices fell into negative territory for the...
Crude Market Sector To Disappoint In Q4
The traditionally strong northern hemisphere winter period in the crude oil tankers market looks set to disappoint, reports S&P Global Platts.
"A growing divide between...