The crude oil market continues to see a lot of negativity, as we are looking to test a major support level in both grades of oil in this analysis. At this point, the markets are showing that there ...
China has overtaken the U.S. as Canada’s top oil buyer, with up to 70% of crude shipments from British Columbia now heading to Chinese ports. The shift follows U.S.-China trade tensions and China’s ...
Crude oil prices bounce from recent lows but remain capped by resistance at the 50-day and 200-day moving averages. WTI and Brent futures move into contango, signaling ample near-term supply and ...
Since March, China has been adding close to 1 million barrels per day to its reserves. A new Energy Law mandates private firms to hold more crude, boosting national energy security. With storage ...
New US sanctions on major Russian oil firms Rosneft and Lukoil are likely to lead India to halt crude oil procurement from Russia, which constituted over 36% of its imports this year. Indian refiners ...
Four-week average volumes from the country’s ports were 3.72 million barrels a day to Oct. 26, according to vessel-tracking data compiled by Bloomberg, down by about 70,000 from the revised figure for ...
US President claims India will significantly reduce its Russian oil purchases by year-end, stating it's a gradual process. He also discussed China's relationship with Russia, suggesting it was forced ...
2-Year U.S. Treasury Note Continuous Contract $104.176-0.039-0.04% 5-Year U.S. Treasury Note Continuous Contract $109.383-0.078-0.07% 10-Year U.S. Treasury Note Continuous Contract $112.984-0.047-0.04 ...
HOUSTON, Oct 24 (Reuters) - Oil prices fell on Friday as skepticism crept into the market about the Trump administration's commitment to sanctions on Russia's two biggest oil companies over the war in ...
Oct 22 (Reuters) - Saudi Arabia's crude oil exports in August rose to their highest level in six months, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Crude exports ...
The sanction on Russian oil giants will force refineries, in India and China to curtail imports because the payments are mainly made in US dollars The US late on Wednesday announced sanctions on ...
2-Year U.S. Treasury Note Continuous Contract $104.164-0.020-0.02% 5-Year U.S. Treasury Note Continuous Contract $109.375-0.031-0.03% 10-Year U.S. Treasury Note Continuous Contract $112.969-0.031-0.03 ...