(Bloomberg) — Oil extended its drop to trade below $32 a barrel after a U.S. industry report signaled crude inventories swelled for the first time in three...
(Bloomberg) — Oil rose above $34 a barrel following a prediction from Russia that the market may rebalance as early as next month after historic output cuts...
KUWAIT, May 20 (KUNA) — The price of Kuwaiti oil went up by 34 cents to USD 26.92 per barrel Tuesday after it was at USD...
Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other major producers...
(Bloomberg) — An armada of tankers filled with Saudi crude heading to American shores is raising concern that tanks may fill again just as a U.S. glut...
In its efforts to safeguard the community’s health and limit the spread of the coronavirus (COVID-19), Oman Oil Marketing Company has introduced a number of measures...
(Bloomberg) — Commodities investors will zero in this week on the procession of moves around the globe to ease the anti-virus lockdowns that have crippled economies. Raw...
(Bloomberg) — Crude oil has plummeted to about $30 a barrel from $115 when Prime Minister Narendra Modi first came to power six years ago, but Indian...
(Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder...
(Bloomberg) — China’s head-start on the path to recovery in oil demand is giving traders a rare opportunity to profit as coronavirus lockdowns continue to depress consumption...