BEIJING: Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in ...

The threat of escalating tensions led to prices rising by more than $2 a barrel, as traders responded to fears that fresh hostilities in the Middle East could disrupt global oil supplies.

Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand WTI, Brent post first gain in 3 sessions Last Updated: Oct. 30, 2024 at 3:16 p.m. ET First Published: Oct. 30 ...

The Dangote refinery built by Nigerian billionaire Aliko Dangote is expected to operate at near full ... gas oil, and aviation fuel. “The refinery commenced production and supply of Premium ...

Without a major regional Middle Eastern conflict that disrupts oil supplies, analysts are more worried about the potential for a global slowdown in oil demand, particularly when it comes to China.

The relocation of its crude trading team by the end of this year comes after the private refiner secured long-term oil supplies from Russia, reducing the need to buy spot cargoes, said one of the ...

What is the price of crude oil today ... that can change the market’s supply and demand balance. The weather in the U.S. market can drastically alter near-term demand for heating oil and ...

Oil prices edged higher on Thursday, recouping some of the more than 1 Percent losses from the previous session after U.S. crude inventories rose much more than estimated. Brent was on track for a 3.2 ...

One website identified five oil suppliers in the north quoting less than £460 for 900 litres, with the majority of the firms listed quoting below £285 for 500 litres. More than a dozen suppliers ...

Supply data Losses for oil prices deepened after the Energy Information Administration reported an unexpected rise in U.S. commercial crude inventories, which climbed by 5.5 million barrels for ...

NEW YORK, Oct 23 (Reuters) - Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about ...

Petroleum Minister, Hardeep Singh Puri, remains confident about the country’s ability to manage crude supplies despite geopolitical concerns. “There is no shortage of oil,” Puri said at a ...