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Brent and Light Crude Oil Prices Fall in London and New York
The prices of both Brent crude oil and Light crude oil saw declines in trading on April 2, 2025. On the London ICE (Intercontinental...
US Crude Oil Price Faces Key Support at $68.90 – Market Forecast for March 31, 2025
US crude oil prices have been trading sideways in recent intraday sessions as the market seeks a bottom to build momentum for a potential...
Does Gasoline Evaporate Quickly?
Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...
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The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE...
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US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among...
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Brent Oil Price Forecast – March 14, 2025
Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier,...
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Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed
Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...
Gasoline Prices In U.S. See Eighth Rise In As Many Weeks
Gasoline prices rose for the eighth straight week, according to a Monday GasBuddy newsletter, cautioning that the United States is just one supply jolt...
OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022
In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...
Crude oil prices on fire again
Crude oil prices have surged to a three-month high, with Brent rising nearly $10 per barrel since the government slashed duties on petrol and...
Crude Oil Price Forecast – Crude Oil Markets Pull Back
WTI Crude Oil Technical AnalysisWest Texas Intermediate Crude Oil markets pulled back a bit during the trading session on Monday as the $120 level...
Crude Oil Prices Today：BRENT PRICE ON JUNE10TH 2022
Crude Oil Prices Today:The oil price for Brent crude oils in June was $126.41 per barrel while the price was $113.34 per barrel in...
Energy & Precious Metals – Weekly Review and Outlook
The U.S. job market isn’t giving up easily, meaning its ‘shadow’ — the oil market — won’t either. With neither slowing significantly, good luck...
Russian oil output faces long-term decline as Western firms exit, Chevron CEO says
Russia still has buyers for much of its oil despite sanctions but will face difficulty overcoming the loss of western technology and capital, as...
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?
OPEC+ to stick to oil rise plan despite EU sanctions -sources
DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...
Ukraine war, pandemic set to speed Europe’s green energy transition, report finds
BRUSSELS, June 2 (Reuters) - Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel...
Tight Asia capacity limits room for new LNG ships – Korea Shipbuilding exec
By Joyce Lee and Florence Tan SEOUL (Reuters) - Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2...