Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom hiked its prices and as OPEC+ extended production cuts in the first quarter.
Crude oil prices hit three-week high as concerns over supply grow
Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, technical analysts caution that oil markets may be over-bought.
Citi Raises 1Q Crude Oil Price Estimates
The upward momentum in crude oil prices at the start of the year has prompted analysts at Citi Research to raise their first-quarter estimate for benchmark crudes, while they remain bearish for the remainder of 2025.
Crude oil futures decline as market expects comfortable supply in 2025
Crude oil futures decline as market anticipates comfortable supply in 2025, while natural gas and guargum prices rise.
Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures pulled back Wednesday to their lowest levels in a month, following the release of bearish data from the U.S. government's weekly inventory report showing large increases in domestic gasoline and distillate stocks,
Oil prices steady as markets weigh demand against US inventories
Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel ...
WTI holds steady above $73.50 amid stronger US Dollar, potential supply disruptions
Potential supply disruptions due to geopolitical tensions and increasing demands could cap the downside for WTI.
Oil News: Crude Holds Steady After Five-Day Rally, Dollar Strength Caps Gains
Oil prices hold near 3-month highs as demand rises, but a strong dollar limits gains. Traders eye supply risks and Fed ...
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Dangote refinery builds eight more tanks for imported crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...
Crude Oil Prices16h
Saudi Oil Exports to China Set for February Decline
Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...
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Prioritise crude oil supply to local refineries, group tells NNPC
A group of concerned Nigerian citizens has called on the NNPC Limited to prioritise crude oil supply to local refineries, ...
India increases crude imports from Middle East as Russian supply declines further
As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...