Fixed quota of US oil imports on cards as govt gears for trade pact negotiations
To assuage Trump and the US, India plans to increase the share of Western Texas Intermediate or WTI…
Draws in Fuel Stocks Counter Crude Inventory Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million…
Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws
By Julianne Geiger – Mar 12, 2025, 9:41 AM CDT Crude oil inventories in the United States saw…
Iran Sanctions Prop Up Oil Prices
A new round of sanctions targeting Iran’s oil industry and the country’s oil minister boosted oil prices earlier…
Petrochemical News – Crude oil gains as Canada threatens supply cuts over US tariffs
Crude oil prices rose by 1 percent on Friday, recovering from a decline of over 1.5 percent the…
Petrochemical News – Crude oil gains as Canada threatens supply cuts over US tariffs
Crude oil prices rose by 1 percent on Friday, recovering from a decline of over 1.5 percent the…
Saudi Arabia Raised by S&P as Economic Diversification Pays
(Bloomberg) — Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two…
Can Oil Prices Overcome Economic Uncertainty?
Crude oil prices faced another volatile week as traders balanced conflicting fundamentals. While supply-side data offered some bullish…
Surge in Canadian Crude Signals Tariff Worry Is Waning
An oil pumpjack near Longview, Alberta. (James MacDonald/Bloomberg News) [Stay on top of transportation news: Get TTNews in…
Crude Oil Inventories See Larger Than Expected Drop
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.455 million…
U.S. Crude Stockpiles Climb as Oil Prices Tumble Below $70
By Julianne Geiger – Mar 05, 2025, 9:40 AM CST Crude oil inventories in the United States saw…
Russian Oil Supply To Czech Republic Cut Amid U.S. Sanctions
Russian oil supply to the Czech Republic via the Druzhba pipeline was cut short on Tuesday due to…