Oil prices rise on surprise rate cuts in China
ALBAWABA – Oil prices rose on Tuesday on news of surprise rate cuts in China as the Chinese central bank attempts to stimulate sluggish China recovery
Source: albawaba.com
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Russia Oil: India loads up on Russian dirty fuel with crude supply cuts, ET Auto
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 country's 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.
Source: indiatimes.com
IEA warns of higher oil prices amid OPEC+ supply cuts
Says reduction collided with improved macroeconomic sentiment, all-time high world demand
Source: dunyanews.tv
Can The Current Oil Price Rally Really Last?
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.
Source: oilprice.com
India's Imports Of Saudi Crude Oil Plunge By 34%
India’s oil imports from Saudi Arabia plunged by 34% in July while Russia retained its position as the country’s top supplier.
Source: oilprice.com