Oil prices declined in Asian trading on Thursday, continuing their slide following a larger-than-anticipated increase in U.S. inventories, which signaled ample supply in the market. Additionally, [...]
Oil prices saw a slight increase on Tuesday amid ongoing uncertainty surrounding conflicts in the Middle East. However, gains were limited by apprehensions that central banks might maintain higher [...]
Saudi Aramco has informed customers in North Asia that it will receive the full volumes of oil they requested in June. But in June, some Chinese refiners wanted to reduce supply volumes. There is no [...]
OPEC’s unexpected oil production cuts may increase demand for US oil in Europe and Asia, and may encourage other producers to increase output, industry executives and analysts said on Monday, [...]
US WTI crude oil, which trades in New York, is trading at $74.34 per barrel, up around 1.9% (+1.40). Its increase was in response to weekly oil data released on Wednesday by the US Energy Information [...]
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