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August 15, 2023
ALBAWABA โ Oil prices rose on Tuesday on news of surprise rate cuts in China as the Chinese central bank attempts to stimulate sluggish China recovery
August 13, 2023
Russia Oil: India is set to increase its import of dirty fuels from Russia after a downturn in crude flows from the country, and refinery maintenance curtailed supply. The countrys August import of high-sulphur fuel oil and vacuum gasoil from Russia should double from last month to around 269,000 barrels per day, making it the most since early 2017.
August 12, 2023
Says reduction collided with improved macroeconomic sentiment, all-time high world demand
August 9, 2023
Oil prices have been charging higher recently, but as bullish sentiment builds in markets, traders should be paying close attention to some very worrying signals.
August 8, 2023
Indiaโs oil imports from Saudi Arabia plunged by 34% in July while Russia retained its position as the countryโs top supplier.
August 7, 2023
ALBAWABA โ Oil prices dipped by more than $0.80 on the barrel on Monday, despite Saudi Arabia boosting oil prices to Asia and Europe a day earlier
August 6, 2023
ALBAWABA โ Market supply is tightening, as Saudi Arabia boosts oil prices to Asia and Europe for September on Saturday, amid rising demand
August 3, 2023
Oil markets are on edge ahead of the OPEC+ panel meeting on Friday, with all eyes on Saudi Arabia and its decision regarding its unilateral production cut.
August 3, 2023
Saudi Arabia announced Thursday it is extending a voluntary oil production cut of one million barrels per day for another month, keeping up its campaign to prop up prices