News from the Oil Patch: Crude prices escalate alongside Middle East tensions
The U.S. Supreme Court refused to block a Biden administration crackdown on methane emissions from oil wells, storage tanks and pipelines. The order is a setback for oil and gas producers who say the new mandates exceed the authority of the EPA. They were hoping to put new requirements on hold while their legal challenge continues.
Crude oil prices fall about 2% as rally on Middle East war risk takes a pause
Crude oil futures fell about 2% on Tuesday, as the rally on geopolitical risk took a pause while the market waits for Israel to strike back against Iran. "Oil can keep ascending only for so long purely based on perceptions and not actual supply disruption," Tamas Varga, an analyst at oil broker PVM, said in a Tuesday note.
U.S. crude oil jumps nearly 3%, trades above $76
Iran is still exporting crude from its main Kharg Island terminal even after a flotilla of tankers fled nearby waters where ...
Global Brent prices topped $80 a barrel on Monday for the first time since August, as the risk of an Israeli response to last ...
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
Dangote oil refinery is due to take in up to 400,000 barrels a day of Nigerian crude over the coming two months as Africa’s ...
The lower crude-price estimates are attributed to a reduction in global oil-demand growth in 2025. The EIA sees global oil consumption increasing by 1.3 million barrels a day, down from its estimate ...
The supply of crude oil in naira to the Dangote Refinery by the Nigerian National Petroleum Company Limited is to last for ...
Lord Inglewood, who lives at Hutton-in-the-Forest near Penrith, Cumbria, said the government’s plans to remove peers who ...
SEBI explores introducing crude oil ETFs in India, offering investors a way to diversify portfolios amid risks.
The Dangote Refinery is set to receive approximately 24 million barrels of Nigerian crude in October and November, signalling ...
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