Tag: crude
Early Surge on Saudi OSP Hike
Crude oil futures edged higher in mid-morning trade in Asia June 6 after surging by more than $2/b at the open, as Saudi Arabia...
Fuel Oil Market Expected To Maintain Record-High Levels Of Prices
The Singapore marine fuel oil market is expected to maintain record-high levels of prices over the May 30-June 3 trading week due to supply...
EU Agrees Compromise Deal To Ban Russian Oil Imports
EU Council President Charles Michel said in a Tweet the new sanctions will immediately impact 75% of Russian oil imports. After the initial proposal,...
Asian Middle Distillates Complex Was Expected To See Support
The Asian middle distillates complex was expected to see support over May 30-June 3 amid tight supply availability, particularly for jet fuel as opened...
How The Ban on Russian Crude Is Redefining The Global Market?
EU plans announced May 4 to halt Russian oil imports by year-end is expected to reshape global energy flows and add to price pressure...
Federal Oil Exports Rise 4%
Exports from southern oil terminals stood at 3.270 million b/d in April, up 2.3% from a month earlier.
Exports of Kirkuk crude via...
Crude Rises on China’s Financial Stimulus
Crude oil futures climbed in mid-morning Asian trade April 27, extending overnight gains, as China announced a fresh wave of financial stimulus, which helped...
April Crude Runs To Hit Two-Year Low
China's crude throughput is set to reach a two-year low in April as state and independent refiners have slashed runs because of the latest...
Stocks Open Higher, But Tech Weakness Holds Gains
The S&P 500 index edged up 0.1% in the early going, but the tech-heavy Nasdaq was off 0.3%.
Health care giant Johnson &...
IMO 2020 Indirectly Causing 323 Million MT/Year CO2 Emissions Increase
The IMO 2020 transition may have indirectly led to an increase in global CO2 output of as much as 323 million mt/year, or almost...