Esoteric Oil Gauge Spikes to Unprecedented Level
Some gauges are at previously unthinkable levels.
Source: rigzone.com
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Top News In Murban Today - Breaking & Trending Today
China's crude futures add Basrah Medium, Tupi for physical delivery, remove Masila
China’s Shanghai International Energy Exchange, or INE, said June 24 it would allow Iraqi crude Basrah Medium and Brazil’s Tupi for physical delivery against its existing crude futures contract, while removing Yemen’s Masila grade from the deliverable crude basket, effective immediately. The move brings to nine the number of crudes allowed to be delivered against ...
Source: hellenicshippingnews.com
ASIA CRUDE OIL: Key market indicators for June 27 – July 1 | Hellenic Shipping News Worldwide
Oil prices are expected to trade rangebound in the week ended July 1 as conflicting signals of recessionary fears and a supply crunch is likely to keep prices in a tight range. Front-month August ICE Brent crude futures stood at $113.07/b at 0218 GMT June 27, down 5 cents/b (0.04%) from the June 24 settlement. ...
Source: hellenicshippingnews.com
China seeks lower Saudi term crude; full term volumes awarded to most Asian buyers
The Middle East’s top oil exporter, Saudi Aramco, was heard to have issued full July term crude volumes to some Asian buyers though refiners in China were heard to have nominated lesser volumes amid weak demand and expectations of an increase in cheaper Russian crude flows, sources told S&P Global Commodity Insights June 10. Full ...
Source: hellenicshippingnews.com
UAE increases fuel prices, a litre now costs over Dhs4
The June’s new price of a litre of Super 98 petrol has risen to Dhs4.15 compared to Dhs3.66 in May 2022.
Source: gulftoday.ae