Traders place $430 million bet on lower oil price before Trump ceasefire extensionIt is the third time this month, and the fourth in total, that large, well-timed directional bets on the oil price have been made shortly b...
Fresh hopes of US-Iran talks bring peace to D-StreetTrump, according to news reports, said that the US-Iran peace talks could resume in Islamabad over the next two days following the breakdow...
Traders place large $950 million bet on oil price falling hours ahead of ceasefireJust as the US and Iran reached a crucial ceasefire, investors took a colossal leap into the market with a $950 million bet against rising ...
China's teapots seek Iranian oil after prices fall, sources sayChinese refiners are seeking Iranian crude oil. This comes after oil prices dropped significantly. Beijing has provided new import quotas t...
Oil at $150: With Hormuz still shut, options market traders see rising risk, raise bets 10-foldTraders are making significant bets on Brent crude oil prices soaring to $150 a barrel by April end. This surge is driven by ongoing confli...
Iranian oil is offered to India at premium to Brent, sources sayIranian oil is now available to Indian refiners at a higher price than ICE Brent. This follows a temporary removal of US sanctions aimed at...
Oil rises as markets assess supply risks after Iran denies US talksOil prices edged up Tuesday amid supply concerns after Iran refuted U.S. claims of talks to end the Gulf conflict. Brent crude rose to $101...
India and China snap up Russian oil in April above 'price cap'That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine....
Saudi Arabia raises July crude oil official selling prices for AsiaSaudi Arabia set its Arab Light OSP to northwest Europe at a discount of $1.90 a barrel against ICE Brent for July, compared with a discoun...
Saudi Arabia increases Arab light crude oil price to Asia in MayIt set the Arab light price for Asia at +$1.8/barrel versus Oman/Dubai average, at +$0.85/barrel versus ASCI for the U.S. and at -$2.4/barr...
Saudi Arabia cuts May crude prices to Asia by $4.2 per barrelSaudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai av...
BSE inks licensing agreement with ICE to use Brent indexIndia is one of the largest consumers and importers of crude oil in the world.
Oil options sellers in the US said to hold key to prices in IndiaThis could impact India’s current account deficit, the rupee, and its equity and bond markets.
Sanctions, Opec cuts push Asia’s sour crude prices above BrentUS sanctions on Venezuela suddenly halted its crude exports to the United States last month.
- Brent to oust West Texas Intermediate as most-traded futures
For the first year since the futures were created, Brent crude is poised to overtake West Texas Intermediate oil as the world's most-traded...
- London beats New York as global hub for oil futures trade
More contracts in North Sea Brent crude changed hands in June than at any time on record, data from the ICE Futures Europe exchange show.
- Asia Naphtha Prices hit record high
Asian naphtha prices hit an all-time high on Friday, reflecting strong crude oil prices, but the premium against Brent crude remained stead...