Tag: crude
Australia’s S&P/ASX 200 Index Dips 0.41% as IT and Mining Sectors Weigh
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The Australian stock market ended lower on Tuesday, with the S&P/ASX 200 slipping 0.41% at the close in Sydney. Losses in the IT, Telecoms...
Oil prices were relatively unchanged
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Oil prices were relatively unchanged on Tuesday, with Brent crude futures for May edging up by 7 cents to $86.82 a barrel, and U.S....
Indian Refiners Increase Purchases of US Crude Amidst Tightening Russian Sanctions
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Ship tracking data reveals that India is set to receive over 250,000 barrels per day of U.S. crude next month, marking the highest intake...
Oil Prices Climb Amid Heightened Geopolitical Risks and Supply Concerns
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Early Asian trading on Monday saw a surge in oil prices, driven by mounting worries regarding tightened global supply exacerbated by escalating conflicts in...
Asian Shares Stalled as Dollar Remains Cautious Amid Japan Warning
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On Monday, Asian shares showed little movement as investors remained apprehensive ahead of key U.S. inflation data, which could influence the outlook for interest...
Japan Stocks Close Lower; Nikkei 225 Slides 1.10%
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On Monday, Japan's stock market concluded the trading session with a downturn, driven by losses in the Shipbuilding, Mining, and Transportation Equipment sectors. At the...
Why is crude oil called brent?
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In the realm of commodities trading, Brent crude oil occupies a prominent position as a benchmark for oil prices worldwide. The name "Brent" may...
What is ice brent?
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In the complex world of commodities trading, understanding the significance of benchmarks like ICE Brent is crucial for investors, traders, and industry professionals alike....
How crude oil is refined into petroleum products?
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In the realm of energy production and consumption, crude oil stands as a cornerstone resource, powering industries, transportation, and countless other facets of modern...
Oil Prices Slide Amid Prospects of Gaza Ceasefire and Dollar Strength
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Oil prices experienced a decline on Friday as the possibility of a ceasefire in Gaza emerged, potentially easing geopolitical tensions in the Middle East....
Japan Stocks Edge Up, Nikkei 225 Reaches New All-Time High
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Tokyo, Japan - In Friday's trading session, Japan stocks saw an uptick, buoyed by gains in the Paper & Pulp, Banking, and Insurance sectors. At...
How is oil stored in the strategic petroleum reserve?
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In the global energy landscape, oil remains a vital commodity, serving as a cornerstone of economic development and national security for many countries. Recognizing...