Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...
2-Year U.S. Treasury Note Continuous Contract $102.707-0.098-0.09% 5-Year U.S. Treasury Note Continuous Contract $106.078-0.188-0.18% 10-Year U.S. Treasury Note Continuous Contract $108.406-0.203 ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
Crude oil ( CL1:COM) is the most overbought since the 2023 peak, when it surpassed $91 – currently at $77.71. Crude oil ( CL1:COM) is surging into a downtrend resistance. Futures are down 5.71% from ...
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...
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