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Crude oil lower; labor market data points to slowing economy By Investing.com - Jul 07, 2023 2 Investing.com -- Crude oil prices weakened Friday after softer-than-expected U.S. employment data ...
Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures may be lower than usual in Monday’s session, with some countries ...
US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd. Despite this new record, crude oil export year-over-year growth slowed to 1% in ...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in ...
This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.
Saudi Arabia's crude oil exports to China are set to increase in May due to a price cut by Saudi Aramco. Aramco will deliver 48 million barrels of oil to Chinese refiners in May, up from 35.5 ...
Brent crude oil prices have been on a consistent decline since 2021, raising significant concerns for governments and oil-dependent economies that heavily rely on crude oil revenues for budget ...
“A general risk-off environment led to positions being reduced by money-managers in particular, who had added 172 million barrels to their crude oil longs in the three weeks before the tariff ...
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has stated that Nigerians will begin to enjoy the benefits of the recent drop in global crude oil prices, following ...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the retail prices of petrol, affected by constant reductions during the naira-for-crude deal, “were not honest”.
Reliance Industries has commenced a 21-day maintenance shutdown this week at its 660,000 barrels-per-day refinery in Jamnagar, India, impacting a crude unit and several secondary units. The shutdown ...
The light sweet crude oil market has broken down fairly significantly again during the trading session on Wednesday, but we are trying to bounce because quite frankly, there’s only so many ...