Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
US crude stocks at Cushing fall to decade-low, fuel inventories surge, EIA says
U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...
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More Canada crude is coming, but trade war could hamper flow
Western Washington refineries brought in more oil by tanker from Canada after an expanded export terminal opened in May near ...
Russia’s Crude Shipments Tumble to the Lowest in 16 Months
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...
Crude prices jump more than 3% on concerns over more US sanctions on Russia
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could ...
Oil Prices Pop on Icy Weather, More Sanctions
Crude prices are having one of their best days in a year, rallying as much as 5% amid concerns that icy weather in the oil ...
Russia Says It Cut Crude Oil Output Below OPEC+ Target in December
Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...
Global crude exports dip as trade routes reshuffle again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...