Page 9 - Oil Trade

Some Indian refiners set to cut May Saudi oil, snap up Russian barrels

State oil producer Saudi Aramco, the world's top oil exporter, has raised crude prices for all regions, with those to Asia hitting all-time highs

Oil futures rise as new Russia sanctions outweigh demand worries

Proposed EU sanctions, which the bloc's 27 member states must approve, would ban buying Russian coal and prevent Russian ships from entering EU ports

IOC no longer accepts Russian, Kazakh crude on FOB basis: Report

Indian Oil Corp will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board basis due to insurance risk

Key Russian oil shipping rate triples amid Ukraine crisis, says report

The rate to book an Aframax vessel to load at one of Russia's Baltic Sea ports to western Europe almost tripled on Thursday

Oil heads for weekly fall on Iranian oil hopes

Oil prices head for a weekly fall after losses on Friday as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis.

Oil prices recover losses as Russia-Ukraine tensions continue to stay high

Oil prices recover losses on Wednesday as investors considered conflicting statements on possible withdrawal of some Russian troops around Ukraine amid tight global supplies and recovering fuel demand

Oil prices fluctuate as market focuses on tight supply, US-Iran talks

By Yuka Obayashi

Tight supplies, heating demand drive global gasoil margins to record highs

Demand for the fuel used to power trucks, generators and machines remained strong even as Covid-19 cases surge across the world

Oil steadies near 7-year high as Biden vows to curb inflation

Futures in New York traded near $87 a barrel after advancing almost 6% over the past three sessions

Oil hits 7-year high as Houthi attack on UAE ratchets up regional tensions

Brent tests $88-mark on possible supply issues

One of the world's wealthiest oil exporting nations is becoming unliveable

Parts of Kuwait could get as much as 4.5C hotter from 2071 to 2100 compared with the historical average

Oil headed for a 4th straight weekly gain, longest streak since October

Brent crude futures ro­se $1.16, or 1.4 per cent, to a two-and-a-half month high of $85.63 a barrel at 1125 GM

China agrees with US to release oil reserves near Lunar New Year

China agreed in late 2021 to release an unspecified amount of oil depending on price levels, sources said

IEA says Canada can be key global oil supplier if emissions promises kept

Prime Minister Justin Trudeau's Liberal government has pledged to cut carbon output 40% to 45% below 2005 levels by 2030.

Oil gains before US stockpiles data as China tackles Omicron variant

West Texas Intermediate (WTI) added 0.9 per cent after capping a two-day drop

Oil prices swing as easing supply issues wrestle strong demand

Brent crude rose to trade near $82 a barrel after earlier swinging between gains and losses

Shrink to fit: The year Europe's Big Oil starts to become Small Oil

Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies

Oil prices prep for third weekly advance as supply lines fray

Futures increased again on Friday to trade near $80 a barrel in New York

Oil prices above $80 a barrel after Opec+ output target hike

Brent crude futures were up 65 cents, or 0.81 per cent, to $80.32 a barrel by 1317 GMT

Oil rises with investors weighing demand risk from Omicron variant

Crude's rally from the depths of the pandemic has run into considerable headwinds with Omicron's spread