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Indian Oil Corp issues sour crude tender
India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
India Replaces Russian Oil With Mideast and African Barrels
Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.
Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say
Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.
India’s oil giants turn away from Russian crude
It is India's first tender for sour crude imports since March 2022. IOC and other Indian refiners have significantly increased purchases of Russian oil over the past two years, taking advantage of discounted prices after the West imposed sanctions on Moscow over its full-scale invasion of Ukraine in 2022.
1d
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
1d
on MSN
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
Crude Oil Prices
1d
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
1d
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...
Vanguard
21h
Crude oil price will dictate petrol pump price, says FG
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
10h
on MSN
AAA reports state gas price average is up one cent, crude oil price rising
According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...
1d
on MSN
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
16h
on MSN
AAA: Rising crude oil could affect pump prices
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
2d
Crude Oil Price Forecast: Breaks Resistance and Retains Strength
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
Legit on MSN
3h
Dangote Refinery Targets 650,000bpd Output by June, Eyes Crude Imports to Bridge Demand
Dangote refinery is set to start importing crude as it plans to ramp up production. Sources within the company detail when ...
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