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Europe's jet fuel imports from Middle East stop, raising supply crunch fearsEurope's jet fuel imports from the Middle East are stopping. This could cause a shortage before summer travel. Jet fuel prices are high, ov...- The billion-barrel Hormuz oil shock is about to crash demandThe closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...
- Western pressure to hit Asian buying of Russian oil from December, sources sayAsian buyers of Russian energy face increasing pressure, potentially impacting India's oil imports from December. While China and India's s...
- An overview of Iran's energy industry and infrastructureIsrael launched strikes on Iran targeting nuclear and military sites. Iran's oil facilities reportedly sustained no damage. Iran produces a...
- Oil prices dip as extended OPEC+ supply cuts highlight weak demandOil prices dipped in early Asian trading Friday as OPEC+ delayed planned supply increases and extended output cuts to the end of 2026. Conc...
- Oil prices fall as expectations of higher supplies hammer market sentimentOil prices have fallen for a third consecutive day, driven by expectations of increased supplies from Libya and the OPEC+ group. Brent crud...
- Oil set to fall for fourth week as demand concerns weigh on sentimentOil prices increased on Friday, yet were poised for a fourth consecutive weekly drop, driven by weaker global fuel demand as indicated by r...
- Oil drops on weak sentiment, set for weekly declineOil prices fell on Friday, marking a second weekly decline amid mixed economic data and a stronger dollar. Brent crude dropped to $84.50, U...
- Oil slips on dollar's strength from US jobs dataOil prices slipped on Monday due to a stronger dollar and delayed interest rate cuts following strong U.S. jobs data. Developments in Iraq,...
- Oil steadies as markets weigh Russian supply woesOil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukr...
- Extreme heat fast becoming a threat to global fuel securityAs the world makes its efforts to lessen its dependency on fossil fuels, the rise in weather-driven refinery disruptions focuses on the sur...
- Oil jumps more than $4 as OPEC+ weighs biggest output cut since 2020Brent crude futures were up $4.38, or 5.1%, to $89.52 a barrel by 9:50 a.m. EDT (1350 GMT). U.S. West Texas Intermediate crude was up $4.79...
- Oil market in limbo as OPEC+ talks fail. How top 5 brokerages see things playing outThe immediate consequence is that an expected increase in output in August now likely won’t happen, leaving the world short of barrels as t...
- Oil falls on India's COVID surge, supply increase"The market is tending to focus more on the bad news from India and Japan at present, where the number of new coronavirus cases has risen s...
- Oil prices slip on surprise gain in US inventory, demand worriesBrent crude futures fell 8 cents, or 0.2%, to $50.68 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 6 ce...
- Oil price benchmarks are defying the laws of supply and demandCrudes usually yield more ship-powering dirty fuel oil, returns for which are tumbling.
- Oil rises more than 1% on Opec-led supply cuts, trade talk hopes"Opec production curbs will stabilise the market," ANZ bank said on Wednesday.
- Expect oil prices to be around $70 in next few months: Jeff Brown, FGE GroupIt all boils down to the sanctions and how much the US wants to push Iran, says Brown.
- Middle east can emerge as winner in US-China spatAs for propane, China is the third-biggest export market for the US.
- Oil demand growth in India likely to take a hit post demonetisation shockDiesel consumption could fall as much as 12 per cent and gasoline demand 7 per cent this month, according to Tushar Tarun Bansal, director ...
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