Browsing: Crude

The Organization of the Petroleum Exporting Countries has received updated output compensation plans from Iraq and Kazakhstan.

Products mainly included processed crude used for producing diesel, motor and aviation gasoline, and fuel oil

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China

RIYADH: Saudi Aramco has adjusted its pricing for Arab Light crude oil sold to Asia for September, increasing it to Platts Dubai/DME Oman +$2 per barrel, up from +$1.80 in August.

TOKYO/SINGAPORE: Oil prices eased on Thursday as concerns over weak demand in China, the world’s largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous session after draws in US inventories.

SINGAPORE: Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amidst expectations of plentiful supplies and weak demand, while brushing off the US presidential campaign upheaval, according to Reuters.

Oil prices fell on Thursday, with investors turning cautious on expectations of lower demand as US employment and business data came in weaker than forecast

SINGAPORE: Oil prices dipped on Thursday as a surprise build in US stockpiles fueled fears about slow demand from the world’s top oil consumer,

SINGAPORE: Oil prices were little changed on Tuesday after rising in the previous session helped by expectations of increased fuel demand…

HOUSTON/BEIJING: Oil prices fell in Asia on Friday as comments from a Federal Reserve official bolstered expectations of rates staying…