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LIBYAN CRUDE OIL PURCHASE
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
Oil Price Today (June 30): Brent crude falls to $72/barrel as investors await US-Iran talksBrent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 p...
India bonds edge up, supported by steady oil prices, halt to US-Iran strikesIndian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil prices, which helped offset geopoli...
Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
Amnesty calls EU complicit in new Libyan crackdown on migrantsAmnesty International has accused the EU of complicity in migrant abuse in Libya, citing intensified crackdowns by rival factions. Mass arr...
Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh PuriAddressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi governme...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...