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Oil Edges Lower on U.S. Inventory Build, Bearish IEA
The Wall Street Journal· 15 hours agoOil prices edged lower after official data showed a surprise build in U.S. crude inventories, while the IEA cut its oil-demand growth forecast and warned of a looming supply glut.
U.S. crude oil imports rise to highest since 2018, EIA says
Reuters· 24 hours agoU.S. crude oil imports rose last week to their highest since 2018, the U.S. Energy Information Administration said on Wednesday, as volumes from Mexico ...
EU ponders sanctions for Russian shipping giant Sovcomflot
Offshore Technology via Yahoo Finance· 1 day agoThe G7 nations imposed a price cap on Russia’s crude and oil products exports soon after the...
Saudi crude oil exports to China to fall for 3rd straight month in July, sources say
Reuters· 2 days agoThe reduction underscores the challenge the world's top oil exporter faces in maintaining market share in the world's largest crude import</ ...
UAE Boosts Imports of Iraqi Crude After Oil Refinery Upgrade
Bloomberg· 2 days agoThe United Arab Emirates is buying more oil from energy-rich neighbors after a refinery upgrade...
Oil dips on deflated US interest rate cut expectations, OPEC+ decision
Reuters via Yahoo Finance· 7 days agoMeanwhile, in China, data showed that although exports grew for a second month in May, crude oil ...
US crude dominates Dated Brent benchmark as shale exports boom
Reuters· 1 day agoThe shale revolution of the past 15 years has made the U.S. the world's top oil producer and also...
Oil pares gains after US data deflates expectations of near term rate cut By Reuters
Investing.com· 7 days agoOil pares gains after US data deflates expectations of near term rate cut
China's exports rise solidly, but slower imports temper outlook
Reuters via Yahoo Finance· 7 days agoThe jury is still out, however, on whether the export sales are sustainable while a protracted...
China's commodity imports are soft, even those that look strong: Russell
Reuters· 4 days agoChina, the world's largest crude importer, landed 11.06 million bpd in May, which was slightly up from April's 10.88 million...year imports has been put ...