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…
Trade War Uncertainty Keeps Oil Traders on Edge
Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chie…
(Bloomberg) — The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired…
EU Leaders Call for Solution on Ukraine Gas on Slovakia’s…
(Bloomberg) — European Union leaders called for stepping up efforts to resolve the Ukraine gas transit issue, a…
US crude exports to India hit over two-year high in Feb as Russia sanctions bite
U.S. exports of crude oil to India last month climbed to their highest in over two years, ship…
Russia Struggles to Offload Oil Cargoes Due to U.S. Sanctions
By Editorial Dept – Mar 03, 2025, 9:00 AM CST
U.S. sanctions are causing delays in Russian…