Oil and Gas

Oil prices fall after surge in US inventories

Brent crude futures fell 19 cents, or 0.25%, to $76.79 a barrel at 0241 GMT. U.S. West Texas Intermediate crude also fell 14 cents, or 0.2%, to $72.75 a barrel, according to

May 18, 2023

News

Oil stabilizes after surge in US inventories

U.S. crude inventories rose about 3.6 million barrels in the week ending May 12, according to figures from the American Petroleum Institute. Seven analysts polled by Reuters had expected a drop of

May 17, 2023

News

Europe is headed for India… the target is “Russian oil”

And India is one of the countries that has bought the most Russian oil in the last year, following the imposition of a series of economic sanctions on Moscow, mainly aimed at

May 17, 2023

Conflicts, Military and War·News

Oil rises after US plans to fill strategic reserves

The U.S. Department of Energy said Monday it would purchase 3 million barrels of crude oil for the Strategic Petroleum Reserve for delivery in August, and called for bids by May 31.

May 16, 2023

News

Demand fears drive oil prices. Nymex below $70 a barrel

And at 0452 GMT, Brent crude futures fell 66 cents, or 0.9%, to $73.51 a barrel, and West Texas Intermediate crude futures lost 61 cents, or 0.9%, to $69.42 a barrel, according

May 15, 2023

News

European sanctions expected against Russia… and eye on the “shadow fleet”

At the end of the week, representatives of the 27 member states met to discuss the technical aspects of the sanctions package, at a time when Western reports revealed there was little

May 13, 2023

News

Oil erases early gains, pressured by US debt ceiling concerns

After gains of half a percentage point at the start of the Asian session, Brent crude oil futures fell 39 cents, or 0.5%, to $74.59 a barrel at 0253 GMT. U.S. crude

May 12, 2023

News

Strong demand for fuel in America pushes up oil prices

The latest U.S. data showed consumer prices rising in April, raising the possibility that the Federal Reserve (the U.S. central bank) will keep interest rates high, which could lead to reduced demand

May 11, 2023

Government and Politics·News

Oil prices fell in anticipation of Energy Information Administration data

A possible sign of weak demand, U.S. crude inventories rose about 3.6 million barrels in the week ending May 5, while gasoline inventories rose 399,000 barrels, according to data from the American

May 10, 2023

News

A state of caution dominates oil markets ahead of inflation data

Markets await U.S. consumer price inflation figures for April, due on Wednesday pending any indication of the next interest rate decision. The Federal Reserve raised interest rates last week by 25 basis

May 9, 2023

News

Oil and Gas- Page 86

Oil prices fall after surge in US inventories

Oil stabilizes after surge in US inventories

Europe is headed for India… the target is “Russian oil”

Oil rises after US plans to fill strategic reserves

Demand fears drive oil prices. Nymex below $70 a barrel

European sanctions expected against Russia… and eye on the “shadow fleet”

Oil erases early gains, pressured by US debt ceiling concerns

Strong demand for fuel in America pushes up oil prices

Oil prices fell in anticipation of Energy Information Administration data

A state of caution dominates oil markets ahead of inflation data

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Oil and Gas- Page 86

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