Adnoc Cuts Asia Oil Shipments, Flagship Grade Rallies
Adnoc's September crude allocation cuts to Asia tighten supply and push Murban grade higher, supporting global oil benchmarks.
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Adnoc's September crude allocation cuts to Asia tighten supply and push Murban grade higher, supporting global oil benchmarks.
Venezuela partners with oilfield giants SLB and Hunt Oil to raise crude output, a move that could boost service revenues while adding…
Gold holds losses as bond selloff and Hormuz limbo weigh on outlook, with rising yields offsetting geopolitical risk premium.
Latest oil market news and analysis for Aug. 19 covers crude price action, supply-demand shifts, and geopolitical drivers shaping energy commodities, with…
Copper market tightness eases as LME warehouse deliveries increase, narrowing the historic cash-to-three-month spread and pressuring front-month copper futures.
BP moves into Venezuelan oil trading to rival Trafigura and Vitol, a step that could alter global heavy crude flows and test…
Russia's oil exports slipped further as Ukrainian drone strikes targeted energy infrastructure, cutting supply and supporting Brent and WTI prices amid rising…
India's plan to lower sugar import tax to cool record domestic prices could flip it to net importer, tightening global supply, lifting…
Gold held its two-day gain as reduced rate-hike expectations lowered the opportunity cost of holding non-yielding bullion, pressured the dollar, and pushed…
Bloomberg's oil market news and analysis for August 18 covers crude prices, supply-demand, OPEC updates, and energy trends, but the excerpt lacks…
Copper prices head toward a record high on the London Metal Exchange as a wave of shipments to the United States drains…
A Greek-run oil tanker came under attack in the Russian Black Sea on Aug. 17, escalating shipping risks for Russian crude exports…