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Crude oil price
Renewable Diesel
Canada’s Imperial Oil Posts Lower Quarterly Profit; Announces First Production From Renewable Diesel Plant
On Friday, Imperial Oil, a Calgary, Alberta-based oil producer, reported a decrease in second-quarter profit, primarily due to lower crude oil prices and reduce…
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m…
Oil Price
Oil Inches up on Kazakhstan Supply Disruption
An oil pumpjack is seen in Lagunillas, Venezuela January 29, 2019.Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a dro…
Oil Price
Oil India Q3 Results: Net Profit Drops 23% on Lower Crude Oil Prices
State-owned Oil India Ltd (OIL) reported a 23 per cent drop in its third-quarter net profit as the price of crude oil produced and sold fell.Net profit was ₹1,…
Oil Price
Petrol Ex-depot Price Hike: Dangote Refinery Absorbs Logistics Costs for Nationwide Uniform Pricing
Dangote Refinery has announced a five per cent increase in the ex-depot price of petrol from N899.50 to N950 per litre due to a significant rise in global crude…
Crude Oil
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, …
Oil Price
Price May Rise as Crude Hits $81 per Barrel
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such…
Crude Oil
Crude Oil Futures Rise on Spot Demand - PTI
Crude oil futures climbed on Monday, driven by increased demand in the spot market. WTI and Brent crude also saw gains in global markets.Crude oil prices on Mon…
Oil & Gas Trade
Saudi Arabia May Hike May Crude Oil Prices to Asia
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo Purchase Licensing Rig…
Crude Oil
Crude Oil Prices Impacted by Weak Data From China
China’s trade balance came down to $65.81 billion in May against $90.21 billion in June. May’s trade balance numbers were below the market expectati…
Crude Oil
Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…
Oil Price
Crude Oil Falls to $100, Eases Inflationary Worries
Crude oil prices fell to $100 a barrel on Tuesday, from a high of $139 last week, easing worries for consumers and the economy facing inflationary headwinds.
Crude Oil
Global Crude Oil Prices Extend Losses Ahead of Fed Meeting
Brent crude futures were last down by $3.05 or 2.7% at $109.62 a barrel at 0351 GMT on Monday.
Oil Price
Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…
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