Crude oil

Crude Oil
Oil Advances as EU Debates Possible Ban on Russian Crude Imports
Oil climbed for a fourth day, heading for the best run in a month, on signs the European Union may be edging closer to a ban on Russian crude imports to punish …
LNG
France Says Ban On Russian Energy Can’t Be Ruled Out
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding…
Oil Price
Oil Settles Volatile Week Below US$105
In the past week, the price of US crude oil, which briefly topped US$130 a barrel amid concerns that the conflict in Ukraine will squeeze energy markets, eased …
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Crude Oil
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Crude Oil
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…
Crude Oil
Indian Purchase of Russian Oil not Violation of Sanctions: US
The White House has said that India would not be violating sanctions if it purchased discounted oil from Russia but doing so would put New Delhi on the wrong si…
Crude Oil
India Buys Russian Oil Despite Pressure for Sanctions
The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
Crude Oil
U.K. PM Visits Saudi Arabia to Find Alternative to Russian Oil
U.K. Prime Minister Boris Johnson has arrived in Saudi Arabia, hoping to discuss boosting oil production to counter Russia's influence on oil prices.
Crude Oil
PSU Refiners Stock up on Cheap Russian Crude
India's state-run refiners are buying several million barrels of the Russian crude that's selling at a deep discount due to Western sanctions.
Crude Oil
The World Could See a Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April.
Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …

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Crude oil

Oil Advances as EU Debates Possible Ban on Russian Crude Imports

France Says Ban On Russian Energy Can’t Be Ruled Out

Oil Settles Volatile Week Below US$105

Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices

National Daily Oil Output Totals 684,100 Barrels

Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets

Indian Purchase of Russian Oil not Violation of Sanctions: US

India Buys Russian Oil Despite Pressure for Sanctions

Oil Jumps as Russia-Ukraine Talks Stall

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

U.K. PM Visits Saudi Arabia to Find Alternative to Russian Oil

PSU Refiners Stock up on Cheap Russian Crude

The World Could See a Record-Breaking Oil Supply Shock

Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns

Oil PSUs Readying to Buy Discounted Russian Crude