Tag: Crude Oil
Crude Oil Plunges Below $100 Amid Recession Fears
US oil slumped below $100 on Tuesday as growing fears of recession caught up with the market.
Many analysts said the sell-off went...
Oil from U.S. Reserves Head Overseas Amid Surging Gasoline Prices
The SPR is discharging almost a million barrels each day through October.
The SPR is being depleted by the flow after last month...
Crude Oil Futures Dipped As Yemen Signed A Truce With Saudi...
Crude oil futures dipped in mid-morning Asian trade April 4 on reports that Yemeni Houthi rebels have signed a truce with Saudi Arabia, removing...
South Korea To Gradually Increase Net-zero Oil Portion in US Crude...
Asia's biggest US crude customer also aims to enhance its green energy practices by gradually increasing the share of net-zero crude oil in...
Crude Oil Futures Steady To Higher As Supply Concerns Ease After...
Crude oil futures were steady to higher in midmorning Asian trade March 25 as supply concerns eased after the US and European partners failed...
Crude Oil Futures Rise On IEA Supply Forecast Amid Progress In...
Crude oil futures were higher in mid-morning trade in Asia on March 17 as the International Energy Agency's warning of potential supply shortages overshadowed...
Crude Oil Falls Amid Russia-Ukraine Talk, COVID-19 Cases Surging In China
Crude oil futures opened lower in Asian morning trades March 15 amid hopes of progress in Russian-Ukraine peace talks and as surging coronavirus cases...
Crude Prices Rise After Monthly Hike In OPEC+
Crude oil futures were higher in mid-afternoon Asian trade.
Gulf state's commitment to OPEC+ monthly production increases.
The OPEC+ alliance has been increasing...
Japan To Release 7.5 mil Barrels Oil From Private Reserves
Allows refiners, importers to lower stockpile by 4 days until Apr 8
Japan's oil release equates to 12.5% of IEA's total oil release
...
Oil Price Soar, OPEC To Fill Supply Gap?
The company receives crude oil from Russia via the 'Friendship' pipeline.
The benchmark contract slumped 13% in the previous session in its biggest...