Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...
The U.S. Energy Information Administration reported Wednesday that commercial crude inventories climbed for the first time in 10 weeks. Domestic commercial crude supplies rose 3.5 million barrels for ...
The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...
Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in export routes.
Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the ...
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