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February 14, 2024
Disruptions to shipping in the Red Sea and via the Suez Canal are raising the prices of African and U.S. crude grades and expanding the backwardation in the global Brent crude benchmark
February 13, 2024
(Bloomberg) -- A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow.Most Read from BloombergS&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets WrapTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way...
February 13, 2024
Aย chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have tangible effects on Moscow. About half of the 50 tankers that…
February 13, 2024
A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher
January 30, 2024
Chinaโs independent refiners continue to delay purchases of crude from Iran for February as the Islamic Republic is now demanding higher prices and upfront payments before loading the cargoes
January 26, 2024
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
January 26, 2024
/PRNewswire/ -- Global energy and commodity price reporting agency Argus is today launching two new prices for WTI light sweet crude oil cargoes loading for...
January 25, 2024
Reported net income attributable to Valero stockholders of $1.2 billion, or $3.55 per share, for the fourth quarter and $8.8 billion, or $24.92 per share, for the year Reported adjusted net...
January 25, 2024
Asian refiners expected hefty cuts in Saudi Aramcoโs formula prices, however the ultimate price-slashing done by the Saudi national oil company might have surprised even the most ambitious among all buyers
January 24, 2024
Prior to the sanctions in mid-2022, Europe accounted for more than 60% of Russias oil exports and provided Moscow with a lucrative income stream for oil that was supplied cheaply to major European consumption hubs by pipeline.