The inclusion of WTI Midland in the Brent basket has highlighted the growing importance of NYMEX WTI in the global oil market. Read more here.
US President Trump said India will buy Venezuelan oil instead of Iranian crude, highlighting shifts in global energy trade ...
Nigeria’s crude oil exports are projected to decline by about 14% in March, as scheduled loadings for four key grades ...
By promoting Venezuelan crude for India and other buyers, the US aims to limit oil revenues to Russia amid ongoing ...
LONDON, Jan 28 ((Reuters)) - Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show. At that level, ...
By Nicole Jao NEW YORK, Jan 29 (Reuters) - Valero Energy said on Thursday it bought Venezuelan crude oil from three ...
PetroChina is avoiding Venezuelan crude despite U.S.-authorized sales, citing Washington’s control over the trade and reduced ...
Crude oil continues to drift back and forth on Tuesday, as we continue to see the supply and demand situation drive the price down, but now we also have to keep in mind that the geopolitical issues ...
Oil and gas sector experts see Middle East dependence, uncertain Venezuelan barrels and gas growth targets redefining India’s ...
The crude oil market is a little bit positive early during the trading session on Wednesday as investors are starting to see geopolitical and USD-related tailwinds as a real possibility.
"But while crude oil price increased by 6.2 per cent, the local retail price increased by 14.3 per cent, indicating that local oil companies more than doubled the rate of increases in their main input ...
By Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, Jan 23 (Reuters) - Indian Oil Corp, the country's top refiner, has bought 7 ...