Stock Market News
Crude Oil - WTI Crude Oil Forecast: Crude Oil Has A Massive Rally
The West Texas Intermediate Crude Oil market initially fell during the trading session on Thursday to reach the crucial 50 Day EMA.
Navy bust illegal refining site, seizes over 6million litres of crude oil
Nigeria Navy has arrested 20 suspects with over 6million litres of stolen products recovered. The successes were made possible by the Chief of naval staff’s biting team code-named ‘Operation DAKATAR ...
Rupee rises to 77.49 against dollar as crude oil cools off
"The rupee showed high volatility but gets support of weaker dollar. We expect high volatility in the pair and is expected to trade in the range of 77.30-78.10 on either side breakout of the range ...
More Russian oil going east squeezes Iranian crude sales to China
Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured heavily discounted Russian barrels, leaving almost 40 million barrels of Iranian oil stored on ...
Column: China buys excess crude oil, looks to Russia for even more
China is continuing to import more crude oil than it needs as weak refinery processing rates, soft domestic demand and constrained exports of refined fuels combine to boost the building of stockpiles.
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