SINGAPORE: PetroChina has supplied a rare cargo of close to 2 million barrels of crude oil from storage in China to its joint ...
Oil prices have surged 70% despite record U.S. output. Here’s what happens when global supply routes reopen—and which energy ...
The widening Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide.
In a normally functioning global oil market, the U.S. West Texas Intermediate crude trades at a discount to Brent. This is ...
Thequantity of crude oil currently stocked as part of India’s strategic reserves is around 3.372 million metric tonnes (MMT), which is 64 per cent of the total storage capacity of ...
India has more than doubled Russian crude intake month-on-month in March reaching 2.1 million b/d, rapidly absorbing ...
Traffic through the strait, normally the conduit for a fifth of global oil output, has been severely curtailed since the start of the Iran conflict. But Iran itself is shipping oil through the ...
Mangaluru: Crude oil is being brought on priority for the state’s only refinery, MRPL, and for the underground strategic oil ...
Before the war, 40 tankers carrying 20 million barrels of crude oil and refined petroleum products traversed the Strait of ...
May WTI crude oil (CLK26 ) today is down -1.62 (-1.60%), and May RBOB gasoline (RBK26 ) is down -0.0787 (-2.46%). Crude oil ...