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Oil, hurricane
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Life
The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the fact that the market has sold off so much could also bring in the value hunters at these low levels.
Oil prices climb on US output concerns, potential crude inventory drop
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. Brent crude futures for November were up 36 cents,
India will still buy cheap Russian oil
India Will Continue to Buy Cheap Russian Crude Oil
India will continue to purchase cheaper Russian crude oil, despite Western pressure, to meet its growing energy demands.
India plans to keep buying cheap Russian oil, oil minister says
India is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are cheap, oil minister Hardeep Singh Puri said on Tuesday. Western sanctions on Russia over its war with Ukraine have capped the price Russia can charge for its crude oil,
India will still buy cheap Russian oil despite sanctions
India is ready to continue purchasing relatively cheap oil from Russian companies authorised to do so, with the Asian nation ready to simply buy from the cheapest seller. During an interview with a US media organisation at Houston’s GasTech conference,
3h
Crude Oil Price Forecast: Rally Nears Resistance with Potential for Bearish Decline Afterwards
Despite crude oil’s rally above the 20-Day MA, key resistance looms near 73.74, and the bearish trend is expected to resume, ...
Crude Oil Prices
4h
How Renewables Could Slash Oil and Gas Production Emissions by 80%
This article explores how electrifying upstream oil and gas production with renewable energy sources can significantly reduce ...
moneycontrol.com
8h
Crude oil volatile for OMCs to take decision on fuel price cut: Oil ministry source
Amid weakened demand and relatively higher
oil
supply in the market,
crude
oil
prices plummeted to the lowest in ...
6d
Oil Price Rally Steers Crude Towards Weekly Gain
Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures ...
1h
Newsom’s gas price proposal debated at special session legislative hearings
Special legislative session underway to consider Gov. Gavin Newsom’s proposal to keep gas prices from spiking.
13d
Saudis Cut October Crude Oil Price to Asia as Demand Wanes
Saudi Arabia cut pricing of its flagship crude grade for its main market in Asia next month as concerns mount over waning ...
15h
Indonesia issues new palm oil levies rule effective this weekend
Indonesia will require monthly levies for export of crude palm oil to be set at a 7.5% rate of the reference price set periodically by the government, a regulation document published on Thursday by ...
Crude Oil Prices
10h
Saudi Arabia’s Crude Oil Exports Slumped to an 11-Month Low in July
Saudi Arabia's crude oil exports declined in July due to increased domestic consumption during the summer months, despite a ...
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