Saudi Aramco raises Asia-bound Arab Super Light by $2.75/b Oil market to remain tight for time being Crude oil futures edged higher in mid-morning trade in Asia June 6 after Continue Reading
Barclays on Monday raised its Brent crude price forecasts by $11 per barrel for 2022 and $23 for 2023, citing a larger and sustained disruption in Russian supply following sanctions Continue Reading
Orange County, Calif., symbolized Republican struggles in America’s diverse and highly educated suburbs during Donald J. Trump’s presidency, as a backlash to Mr. Trump transformed center-right strongholds into increasingly Democratic territory. But at a Continue Reading
Boost to Tight Market Oil headed for a sixth weekly advance after a keenly anticipated OPEC+ meeting delivered only a modest increase in output that failed to assuage concerns over Continue Reading
U.S. gasoline prices continue to set new record-highs day after day. Everything that the Biden Administration has done thus far has failed to curb rising prices. Experts believe that high Continue Reading
The week has seen quite a lot of turmoil in oil markets. With China finally coming out of its three-month lockdown nightmare, oil prices were moved by reports that Saudi Continue Reading
Output increase in July, August 50% higher than recent hikes It’s very unlikely the group will meet these targets, ING says Goldman’s Currie: OPEC+ Output Hike a Minimal’ Boost to Continue Reading
Since Monday, the national average for a gallon of regular gasoline has increased by nine cents to $4.71. According to new data from the Energy Information Administration (EIA), total domestic Continue Reading
Canadian heavy crude prices have collapsed as the European war upends global market flows and makes oil sands crude less valuable. Western Canadian Select’s discount to benchmark West Texas Intermediate Continue Reading
Output increase in July, August 50% higher than recent hikes It’s very unlikely the group will meet these targets, ING says Goldman’s Currie: OPEC+ Output Hike a Minimal’ Boost to Continue Reading
