Browsing: Crude

TOKYO: Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while a shrinking US rig count added to upward price pressure, according to Reuters.

Saudi Arabia’s crude oil exports fell in January for a second straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday.

Brent crude oil futures were down 45 cents or 0.6% to $84.83 a barrel at 1155 GMT, a day after topping $85 a barrel for the firs

RIYADH: Saudi Aramco raised the April’s official selling price for the flagship Arab light crude it sells to Asia, while differentials for Europe were trimmed, according to an official statment.

The first shipment of 2 million barrels of U.S. crude on the very large crude carrier Gem No. 1, also chartered by Vitol, was nearing Nigeria and is expected to discharge next week

Oil prices were little changed Thursday as investors kept their powder dry ahead of U.S. data expected to offer further clues on the outlook for interest rates.

MOSCOW, February 28. /TASS/. The price of the futures contract for Brent crude oil with May delivery on London’s ICE exceeded $84 per barrel for the first time since January 29.

Around 33% of all seaborne oil exports from the sanctioned country have been transported on tankers with British insurance, a report has found

Chinese private refineries are jostling with their Indian counterparts for April volumes of seaborne Russian ESPO blend oil, Reuters reported…

December 21, 2022The country has overtaken Saudi Arabia, which saw its Asian exports decline in NovemberRussia boosted oil deliveries to…