Meanwhile, Alexey Belogoryev, research director at the Institute for Energy and Finance Foundation, noted that no one knows for sure the current balance on the oil market, adding that data is released ...

China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...

Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for December 2024. Kuwait equities, which declined ...

Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last ...

KUALA LUMPUR: Malaysian palm oil futures settled lower on Wednesday, weighed down by export demand concerns and uncertainty over Indonesia’s biodiesel mandate.

Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026. Standard Chartered: the U ...

The EIA reported that gasoline stocks rose last week by 6.3 million barrels last week to 237.7 million barrels, compared with expectations for a 1.5 million barrel build; and distillate stockpiles ...

Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic ...

John Hess says he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand ...

The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.