Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains, weighed down by worries of ...
Share indices in the US ended on a mixed note as traders assessed US CPI data. The CPI rose to 2.6% in October, in line with ...
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
WASHINGTON/CARACAS (Reuters) - President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could ...
Another month, another downward revision for global oil demand from Opec — but tanker owners should fear not, according to ...
0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
The small movements in gasoline futures mean that prices remain relatively flat in most spot markets OPIS follows around the U.S. Chicago Comprehensive November Cycle 2 CBOB, however, was seeing gains ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
MOSCOW. Nov 12 (Interfax) - Oil exports from Russia and Central Asian countries in September averaged 6.3 million barrels per day, which is 0.193 million bpd or 3% more than in August, OPEC said in ...