Crude Oil News

7 Apr 2022
The International Energy Agency on Thursday confirmed that its coordinated strategic release of crude...
7 Apr 2022
Brent crude futures fell below $100/b by the time of the cash market close at 1630 London...
7 Apr 2022
Oil refiners in Russia are running out of places to store their products as the cost of doing business with...
7 Apr 2022
EU parliamentarians have demanded the Commission to ratchet up sanctions on Russia and impose...
7 Apr 2022
Backwardation in the Middle East Dubai crude benchmark slumped to a two-month low Thursday, after the IEA announced it will coordinate...
7 Apr 2022
Offshore wind and new nuclear reactors have been placed at the centre of a new UK energy strategy announced...
7 Apr 2022
Belgium-based Euronav and Frontline have announced a proposed merger through what...
7 Apr 2022
Middle East Dubai crude slumped by 6% Thursday after the IEA confirmed the coordinated release of strategic...
7 Apr 2022
Japan will release 15 million barrels of oil from its crude oil reserves as part of a coordinated...
7 Apr 2022
Cargoes of Sokol crude from Russia’s Far East have sold out for May in a sign that buyers have...
7 Apr 2022
Energy major Shell increased its forecasted loss for walking away from its Russian oil business to as much as $5...
7 Apr 2022
US Secretary of State Antony Blinken said he is “not overly optimistic” on reaching an agreement with Iran to restore the 2015 nuclear deal...
6 Apr 2022
Crude oil futures retreated sharply Wednesday as the IEA said its other members would follow up the US with a further release of strategic...
6 Apr 2022
Brent futures fell to their lowest level in three weeks at the European cash market...
6 Apr 2022
The latest US oil inventory data from the Energy Information Administration Wednesday was slightly negative for crude markets...
6 Apr 2022
Middle East crude prices retreated Wednesday, losing further ground against Brent, while distillat...
6 Apr 2022
Maritime certification company DNV has approved in principle a new system for transporting liquified CO2 by ship, as industries...
6 Apr 2022
China’s state refiners are dramatically scaling back on fresh purchases of Russia oil but will continue to....
6 Apr 2022
The global spend on developing low carbon hydrogen will have to be at least $600 billion up to 2050 to meet...
6 Apr 2022
Australia’s export volumes of LNG are set for a new record of 82 million tonnes in the 2021-22 financial year
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