India’s June Palm Oil Imports Down 24%
India’s palm oil imports fell 24 per cent in June to 5,87,467 tonnes compared to the previous month of the year, said the industry group...
Search Results for: Crude Oil
Oil Prices Rise for 2nd Consecutive Day as US Inventories Decline
On Friday, Oil prices rose for a second day as the market reacted to falling US inventories, and signs of strong Asian demand from China...
Oil Drops in Volatile Trade as Investors Inquire OPEC Clarity
Oil prices fell more than $1 a barrel on July 7 in another trading session. Crude markets have been active over the last two days...
Brent Oil Steady With Tension Building Before OPEC+ Talks Resume
Brent oil dropped below $76 a barrel ahead of another round of critical OPEC+ discussions to break a stalemate over raising production, with tension rising...
Oil Strikes 2018 Highs On-Demand Recovery
Oil prices hit from highs last seen in October 2018 on Monday as investors eye the outcome of this week’s OPEC+ as the United States...
Oil Falls About 2% From Multi-Year Highs
Crude oil prices fell about 2 per cent from their highest level in the year on June 17 as the dollar strengthened after the US...
Oil Prices Remain Unchanged After Hitting Two-Year High
Oil prices ended mostly unchanged on June 14, after hitting their highest levels in more than two years, as growing US crude production and Britain’s...
Oil Holds Near $71 as Traders Assess Rising Demand
Oil traded near $71 a barrel as the roll-out of coronavirus vaccines underpins an improved demand outlook in the US and Europe. West Texas Intermediate...
Oil Extends Gains Above $70 Amid Improving Demand Outlook
Oil extended gains above $70 a barrel after an industry report pointed to another draw in US crude stockpiles, reinforcing optimism around the demand recovery....
Indian, European Refiners Prepare to Buy Iranian Oil
Indian refiners and at least one European refiner are reviewing their crude oil purchases to make space for Iranian oil in the second half of...