Stock Market News
Crude Oil - Are Iraq’s Ambitious Oil Production Goals Feasible?
(bpd) over time, according to the first vice president of the Iraq National Oil Company (INOC), Hamid Younis, last week. The director general of ...
China's imports of US oil have hit an 18-month high as it pivots away from Russian crude
Chinese state oil giant Sinopec has ramped up its purchases of US oil as it bets domestic demand will rise again in the fall.
WTI Crude Plunges on Softening Demand and China Slowdown; Oil Will Drop to $70, Says Moody's
In a report specifically focusing on the Asia Pacific (APAC) region, Moody's noted that oil prices that hit $120/barrel in June following Russia's Ukraine invasion went on to drop to $100 per barrel ...
Analysis-Oil prices turn more volatile as investors exit the market
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with ...
India eases Russian oil buying in July, boosts Saudi imports -trade
Indian refiners lifted more term supplies from Saudi Arabia as prices were attractive while prices for Russian supplies have climbed on robust demand. India shipped in 877,400 barrels per day (bpd) ...
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