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US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...- Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
- Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources sayHindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is scheduled for delivery d...
- Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
- Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace dealOil prices fell as markets reacted to ongoing discussions between Iran and Oman. The negotiations could pave the way for a peace agreement ...
- US crude inventories rise as refinery runs ease and imports climb, EIA saysUnited States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a mode...
- Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- Oil steadies after two-day slump as investors eye Hormuz trafficOil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent ...
- Rupee remains stable at 95.37 ahead of RBI policy outcomeThe Indian rupee closed nearly unchanged on Tuesday, trading within a narrow band. Importer hedging demand and FPI inflows supported the cu...
- War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...
- Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
- HPCL buys West Africa crude for Rajasthan refinery, sources sayHindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is destined for its Rajasth...
- Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
- Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
- Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
- Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
- Erdogan says Turkey could get 1M barrels of oil a day from energy deal with IraqTurkey and Iraq are discussing a significant energy cooperation plan. This agreement could potentially bring one million barrels of oil dai...
- Why is Cracker Barrel CEO Julie Masino stepping down?Cracker Barrel has announced that CEO Julie Masino will step down on August 10, nearly a year after the restaurant chain's controversial re...
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