Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and the global Brent benchmark, highlighting how unprecedented sanctions on ...

MizMaa Ventures co-founder and partner Yitz Applbaum discusses global investment opportunities amid rising tensions in the Middle East ... the ongoing rally in oil (CL=F, BZ=F) prices.

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 ...

Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia allies in the Middle East ... to the report, the oil is from stockpiles ...

SINGAPORE/NEW DELHI, Jan 17 (Reuters) - Indian Oil Corp (IOC) (IOC.NS), opens new tab, the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via ...

WILMINGTON, DE, UNITED STATES, January 27, 2025 /EINPresswire / -- The surge in automotive manufacturing and shipbuilding businesses has significantly boosted the growth of the Middle East ...

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...

NEW DELHI/SINGAPORE, Jan 12 (Reuters) - Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on ...

India, which is currently importing around 30 percent of its crude oil requirements from Russia, is expected to diversify sources, leaning towards the Middle East on account of proximity.

SINGAPORE/NEW DELHI - Indian Oil Corp (IOC), the country's top refiner ... between the second-half of February and the first-half of March. Spot premiums for Middle East crude extended their rally on ...

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 ...

(Bloomberg) -- Oil refiners in India and China have increased crude purchases from the Middle East and the Atlantic Basin amid concern that further restrictions on imports from Russia and Iran may ...