Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

NEW DELHI/SINGAPORE, Jan 12 (Reuters) - Chinese and Indian refiners will source more oil from the Middle East, Africa and the ... elect Donald Trump lifted the embargo and also whether China ...

With the oil market constantly changing, there could come a time when a Middle East blend might come to rival the international benchmark. This time, to be fair, is still quite far in the future ...

SINGAPORE - Middle East crude oil benchmark premiums surged on Monday to their highest since October 2023, propelled by strong demand from Asia. Chinese and Indian refiners are scouring the globe for ...

Chinese refiners are rushing to secure oil supplies from the Middle East, Africa ... which was created in the aftermath of Arab oil embargo in the 1970s, but ran out of funding to buy more ...

Although Turkey has enforced a complete trade embargo against ... intermediaries purchase the oil, and the shipments eventually arrive at Israeli ports. Middle East Eye delivers independent ...

Shares of energy companies ticked up as traders anticipated higher tensions in the Middle East and in trade negotiations. Oil futures fell to their lowest settlement of the year so far, after official ...

in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late ...

Russian oil ... embargo and also whether China acknowledged the sanctions. The new sanctions will push China and India back into the compliant oil market to seek more supply from the Middle East ...