crude oil

The Latest

  • Oil Notches 9-Week High As China Signals Efforts To Initiate Deal With US
    OIL MARKET
    Prospects of a deal came hours after US announced crude supplies fell the most in 3 months.
  • Saudi Slams On The Brakes To US Oil Supply And Exports Big To China
    Saudi Arabia Doubles Oil Exports To China But Cuts By Almost Two-Thirds Exports To US
    Though indicating that the Chinese are savvy buyers, decreasing US oil exports is just a strategy for the Saudis.
  • Saudi Aramco Attributes Decline To Fallen Crude Oil Prices
    Saudi Aramco logo
    Saudi Aramco has finally unveiled its H1 2019 earnings and despite a decline, the company retained its spot on top of the world.
  • Oil Prices Jump As US Refuses Iran Oil Import Waiver Extension
    Iran Oil Sanctions
    The White House has announced that it will not be granting any extensions for its imposed deadline for Iranian oil imports.
  • US Gas Prices Climbs For Eighth Straight Week
    US Gas Prices
    Gas prices in the United States are expected to cost more than US$4 per gallon in the coming weeks.
  • Asian Crude Buyers Reportedly Rejecting Impure US Shale Oil
    Oil Industry
    Two South Korean refineries have reportedly rejected shale oil shipments from the United States citing quality issues.
  • Oil Investors Support Stock Market Despite Price Fall
    Crude Oil
    Investors have placed their money on the crude oil industry despite fluctuating prices on Monday. It is believed that the slowing global economy is affecting oil prices around the world. Will investors keep supporting the industry?
  • Big Banks Predict Oil to Hit $70 a Barrel in 2019
    Oil
    Some of the world's largest banks expect oil prices to average $70 per barrel in 2019, with a number projecting prices to reach as high as $78 per barrel.
  • Oil Prices Plummet To Lowest In A Year Despite Planned Production Cutbacks
    Glut
    Oil prices plunged to their lowest in over a year Tuesday, despite a pledge two weeks ago by OPEC+ to scale-down oil production by 1.2 million barrels per day in a new bid to hike prices to $70 per barrel.
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