Tag: Crude Oil
Crude Rates Suffer As India’s COVID Crisis Worsens
Indian refiners have so far stayed away from slashing crude run rates sharply despite the surge in COVID-19 cases to record highs, but with...
US Gasoline Build Curbs Crude Futures Amid Bullish Economy
Crude oil futures were rangebound in mid-morning trade in Asia April 7 as a build in US gasoline stocks countered a stronger macroeconomic outlook...
Crude Oil Futures Rise on Inventory Draws
Crude oil futures rose during Asian mid-morning trade April 1 after data from the US Energy Information Administration showed a draw in crude and...
Crude Oil Futures Edge Higher on Optimism Over OPEC+ Meeting
Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its supply cuts and...
Super Tankers Doesn’t Seem So Super As Pandemic Fades
Profits of oil tanker owners went from their highest to lowest ever in the course of a year as a historic glut reversed, but...
Rising Covid 19 Cases, Nightmare for Crude Oil Market
Crude oil futures fell during the mid-morning trade in Asia March 16, as the market sentiment was knocked by a trifecta of rising...
Diversifying Oil Imports Can Help Reduce Dependence On The Middle East
India, the country with the most exciting energy growth prospects for tanker owners this decade, is diversifying where it sources crude from, something likely...
Global Oil Companies Aim To Provide Carbon Capture Services Worldwide
The global oil industry aims to lean more on carbon capture, utilization and storage technologies as it seeks to deliver more "carbon-neutral" crude oil...
Crude Oil Market Concern Heightens As Price Fall on Inventory Decline
According to a Platts report, crude oil futures fell during midmorning trade in Asia Feb. 24 after data from the American Petroleum Institute showed...
US LNG Futures Mark Weekly Gain With The Slip Of Qatar-Asian...
Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and...