Chinese independent refiners have bought more than 20 million barrels of crude from West Africa, Canada…
Tag: global oil supply
Oil Prices Rise as Saudi Attacks Raise Supply Concerns
Brent crude hits a near two-week high as attacks on Saudi Arabia raise supply concerns. Tanker…
Rise in Oil Prices as Investors Doubt US-Iran Peace Talks
Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…
Oil Slips as Weak US Demand Weighs on Markets
Oil prices appear poised to decline for the week. Weak demand signals in the United States,…
Bonny Crude Gains 8.2% as Sanctions on Russia Disrupt Global Supply
Nigeria’s Bonny Light crude surge has captured global attention as prices reach their highest weekly gain…