Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia's crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, after the kingdom hiked its official selling prices to Asia for the first time in three months.
Oil prices head higher, on track to settle at the highest since October
Oil futures headed higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with, buoyed by expectations for stronger demand.
Oil hits a near three-month high on concerns over supply disruptions
Oil prices hit a near three-month high on Wednesday as concerns about supply disruptions and optimism over rising demand supported the market. “Concerns over Iranian and Russian oil flows will also be providing some support,
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand.
Oil prices end higher, lifted by a 'bullish outlook' for the year ahead
Oil futures on Tuesday marked their highest settlement since October, posting their sixth gain in seven sessions. A lot of the recent trade activity has been driven by “hedge
Crude oil price hit three-week high amid concerns over supply
Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, technical analysts caution that oil markets may be over-bought. View on euron
Oil prices up on tighter OPEC supply, US jobs data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.
Exclusive: China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to ...
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China blocks ships bypassing sanctions, sends message to Russia
The Shandong Port Group (SPG) in China's Shandong Province has announced that tankers subject to U.S. sanctions will not be ...
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China Slams the Door on Russia’s Shadow Fleet
Targeting Russia’s Shadow Fleet. The global shadow fleet, which bypasses international sanctions, includes appro ...
India to sign mining pact with Mongolia soon, govt source says
India is expected to sign a preliminary agreement with Mongolia soon in the area of geology and exploration, a senior Indian government official with direct knowledge of the matter said.