Page 58 - Dated Brent News Today

Saudi Arabia said its largest oil export terminal at Ras Tanura in the Persian Gulf has emerged unscathed after being targeted in a March 7 drone attack in a series of strikes allegedly launched by Iranian-backed Houthi rebels from Yemen. The Saudi energy ministry said a petroleum tank farm at its Ras Tanura port was ...

Oil fell the most in a week as the dollar strengthened and investors shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.

Global benchmark Brent futures slid 1.6% on Monday after earlier surging above $71 a barrel. The Bloomberg Dollar Spot Index rose as much as 0.5% on Monday, reducing the appeal of commodities priced in the currency.

India Business News: International oil prices rose after Opec and its allies ignored India's plea to ease production control, with Saudi Arabia asking New Delhi to instead

The average cost of that crude purchase was USD 19 per barrel Excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020 New Delhi: International oil prices rose after OPEC and its allies ignored Indias plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. Brent crude, the most widely used benchmark, on Friday rose nearly 1 per cent to USD 67.44 a barrel after the Organizatio...

Indias Oil Minister Dharmendra Pradhan had in the run-up to Thursdays OPEC meeting urged the producers group to ease production curbs to fulfil their promise of stable oil prices.

Trafigura has proposed using its Corpus Christi terminal in Texas and the wider hub to allow pricing agency Platts to include U.S. crude oil in its Dated Brent benchmark without restricting trade. The European Brent benchmark is crucial to the global oil system as it is used to price more than half the world’s physical ...

OPEC ignores Indias call; Saudi Arabia asks New Delhi to use cheap oil it bought last year Saudi energy minister Prince Abdulaziz bin Salman after the OPEC+ decision on Thursday said that India should take some of the crude out of storage that they had purchased. Share Via Email   |  A+A A- By PTI NEW DELHI: International oil prices rose after OPEC and its allies ignored Indias plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bot...

S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the world's crude oil tran...

Saudi energy minister Prince Abdulaziz bin Salman has again staked out a hawkish position on OPEC+ cuts, urging the alliance not to allow euphoria over surging oil prices to erode production discipline amid a still evolving pandemic outlook. Saying that the producer group should “keep our powder dry and have a contingency in reserve to ...