Petrochemical News – Crude oil slips amid demand worries and tariffs-driven global economic uncertainty
Crude oil prices drifted lower on Friday amid concerns that reciprocal U.S. tariffs on imported goods could provoke…
India’s Oil Import Dependence Hits All-Time High
India’s dependence on crude oil imports is on track to set a record high in the fiscal year…
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…
Gasoline prices are coming down, but not because of policy changes
Gasoline prices are coming down, and President Donald Trump is happy to take credit for that. But he…
Oil Prices Dip Despite Bullish Demand Outlook
Crude oil prices dipped today, despite expectations for strong demand following the U.S. Energy Information Administration’s latest inventory…
Oil Prices Rebound on Resilient Demand Signals
Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports…
“Drill, Baby, Drill”: Natural Gas Producers Eye a Boom
While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a…
Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up
By Julianne Geiger – Mar 07, 2025, 9:00 AM CST
Saudi Aramco reduced its official selling prices…
U.S. Buyers of Mexican Crude Trim Purchases
U.S. refiners have already reduced their intake of Mexican crude before the 25% tariffs that went into effect…
Oil Prices Remain Under Pressure From Trade Tensions and Supply Overhang
Crude oil prices remained depressed after dropping to the lowest in almost four years earlier in the week…
Marriott, Ritz-Carlton Launching Luxury Safari Amid Booming Demand
Hotel companies like Marriott are looking to capitalize on the booming popularity of luxury safaris.Marriott plans to launch…
Oil Prices Jump on U.S. Inventory Dip
Crude oil prices reversed a decline from the start of this week, moving higher after the American Petroleum…