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Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
Oil prices rise 5% on fears of US-Iran ceasefire collapseOil prices jumped around 5% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the...
Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
A panicked race for barrels grips global oil market, price up as much as $140Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...
A panicked race for barrels grips the global oil marketA desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...
Iran war puts Middle East Dubai oil benchmark under stress as prices soarThe halting of oil exports through the Strait of Hormuz has left the Dubai Middle East benchmark, the price used to value nearly a fifth of...
‘There’s no other choice’: War-hit Asian buyers grab Russian oilAsian countries are securing Russian oil amid an energy crunch. The Philippines and South Korea have received Russian crude and naphtha. Sr...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data showsIndia's diesel exports to Southeast Asia hit a seven-year high in March, driven by traders covering short positions and refiners capitalizi...
Oil up nearly 3% but set for first weekly decline since start of Iran warOil prices rose on Friday but were set for their first weekly decline since February 9 as U.S. President Donald Trump extended a pause in a...
Strait of Hormuz shock sends crude premiums soaring as refiners scramble for supplyGlobal oil markets are experiencing significant disruption. Refineries are paying record prices for crude oil. This is due to supply issues...
Exxon to send its first fuel shipment from US Gulf Coast to Australia, sources sayExxon Mobil is sending at least 300,000 barrels of gasoline from the U.S. Gulf Coast to Australia. This is the first such shipment by the o...
India exports first fuel to Europe since ban on Russian crude-derived productsIndia has begun exporting jet fuel to Europe again. Reliance Industries sent a cargo to Italy after a European Union ban on Russian oil pro...
Oil hits five-month high after US hits key Iranian nuclear sitesOil prices surged to a multi-month high after the U.S. joined Israel in strikes against Iran's nuclear facilities, escalating Middle East t...
Indian refiners purchase more US crude before trade talks in MayAhead of trade talks, Indian refiners are increasing US oil purchases, with June imports set to hit an 11-month high due to discounted WTI ...
U.S. crude prices down nearly 2% as levies on China take effectU.S. crude prices dropped nearly 2% due to the imposition of U.S. tariffs on China, leading to Beijing retaliating with tariffs on U.S. coa...
Oil prices rise in thin pre-holiday tradeOil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite ...
Indian diesel floods to Asia as Houthis imperil flows to EuropeShipments of diesel from India to Europe hit a 2-year low due to Houthi attacks, diverting cargoes to Asia. Higher freight costs and refine...
India on track to export record-low diesel to Europe in Jan as Red Sea risks weighIndia's low-sulphur diesel exports to Europe are set to hit a two-year low in January due to increased freight costs caused by Red Sea secu...
India diesel exports to Singapore set for highs in Aug, drop for Europe -tradeIndia's diesel exports to Singapore are expected to reach a 19-month high in August due to lower freight costs and low inventories in Singa...