Topic
crude oil
15 stories related to this topic, newest first.
swissinfo.chfinance27 days ago
Vitol Markets Iraqi Basrah Crude Amid Persian Gulf Tensions
Commodity trading giant Vitol is offering Iraqi Basrah crude to customers, people with knowledge of the matter said. The move signals that some shipments may have successfully made it out of the Persian Gulf. @JavierBlas reported the development.
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thehindu.comfinance28 days ago
US Imports of Venezuelan Crude Oil Reach 7.5-Year High
US imports of Venezuelan crude oil rose to a 7.5-year high last week. The increase elevated Venezuela to the second-largest source of US crude imports, behind only Canada. The data reflect a shift in sourcing patterns for American refiners.
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thehindubusinessline.comfinance34 days ago
Oil Futures Pare Losses With Brent Above $100 After Iran Rejects U.S. Proposal
Oil futures recovered from earlier losses on reports that Iran rejected a U.S. proposal regarding the Strait of Hormuz as unrealistic. Brent crude rose above $100 a barrel while U.S. crude turned positive. The market reaction followed the reported Iranian position on the waterway…
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upi.comfinance44 days ago
Loaded LNG Tanker Transits Strait of Hormuz for First Time Since Start of Iran Conflict
The first loaded LNG tanker has exited the Strait of Hormuz since the war in Iran started two months ago, according to ship-tracking data. A loaded crude supertanker is also attempting to exit the waterway. These movements occur amid ongoing reviews of a potential peace deal.
indiatoday.intoday.infinance45 days ago
Iran Loads 8.6 Million Barrels of Crude Oil at Terminals Amid US Sanctions
Iran has loaded 4.6 million barrels of crude oil at its terminals, according to a report. An additional four million barrels appear to have moved beyond a US sanctions enforcement area. The activity occurs as the US maintains sanctions on Iranian oil exports.
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user:Atsasebo / Wikimedia (CC BY-SA 3.0)finance46 days ago
Tanker Arrival in Asia Highlights Ongoing Crude Oil Shortages
A tanker arrival in Asia has drawn significant media attention due to persistent crude oil shortages in the region. This unusual focus on a routine shipment underscores the severity of supply constraints. Energy analysts are monitoring the situation for potential effects on globa…
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azernews.azfinance46 days ago
US Crude Exports Reach Record Levels
US crude oil exports have surged to record highs following the onset of the Iran War, with weekly exports nearing 12.9 million barrels per day including petroleum products. This increase has positioned the United States close to becoming a net exporter of crude for the first time…
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uctoday.comworld47 days ago
Iran Permits Two Oil Tankers to Transit Strait of Hormuz
Iran has allowed two oil tankers, including one Indian-registered vessel under sanctions, to pass through the Strait of Hormuz. This development occurs against a backdrop of ongoing blockades and military activities in the region. Prediction markets reflect reduced expectations o…
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koreatimes.co.krfinance56 days ago
US Crude Oil Inventories Decline for Week Ending April 10, 2026
US crude oil inventories decreased by 913,000 barrels for the week ending April 10, 2026, contrary to expectations of an increase. Gasoline stocks fell by 6.328 million barrels, exceeding forecasts, while distillate inventories dropped by 3.122 million barrels. Refinery utilizati…
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citizen.co.zabusiness58 days ago
UK Petrol and Diesel Prices Halt 43-Day Rise After Crude Oil Drop
The price of petrol and diesel in the UK stopped rising after 43 consecutive days of increases, following a decline in crude oil prices due to a temporary ceasefire in the Gulf. Petrol now averages just over 158p per litre, up from 133p in late February. RAC officials state that…
Substrate placeholder — needs reviewfinance61 days ago
Investor Discusses Market Outlook Following Reported Iran War Ceasefire
Peter Boockvar, chief investment officer at One Point BFG Wealth Partners, stated that the stock market should be sold after the conclusion of a rally tied to an Iran war ceasefire. He addressed impacts on markets and crude oil prices during a CNBC appearance. A social media post…
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Substrate placeholder — needs reviewfinance61 days ago
NYMEX May Energy Futures Settle with WTI Crude at $96.57 per Barrel
The New York Mercantile Exchange reported settlements for May energy futures contracts. West Texas Intermediate crude oil for May delivery closed at $96.57 per barrel, down $1.30 or 1.33 percent from the previous session. Natural gas settled at $2.6480 per million British thermal…
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Substrate placeholder — needs reviewfinance63 days ago
US Department of Energy Reports Crude Oil Inventory Build for Week Ending April 3
The US Department of Energy released data showing a 3.081 million barrel increase in crude oil inventories for the week ending April 3, exceeding analyst estimates of 500,000 barrels. Distillate stocks fell by 3.144 million barrels, while gasoline inventories decreased by 1.589 m…
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Palindromedairy / Wikimedia (CC BY-SA 4.0)world64 days ago
Major Declines Reported in US Crude Oil, Brent Crude, Gasoline and Heating Oil Prices
Energy prices experienced significant drops on the reported day, with US crude oil falling 14 percent. Brent crude oil declined 13 percent, gasoline 10 percent, and heating oil 17 percent. These changes reflect current market conditions in the energy sector.
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Peter Craine / Wikimedia (CC BY-SA 2.0)finance64 days ago
US API Reports Weekly Changes in Crude Oil, Gasoline, and Distillate Inventories
The American Petroleum Institute released data showing a 3.719 million barrel increase in US crude oil stocks for the latest week. Gasoline inventories declined by 4 million barrels, while distillate stocks fell by 0.6 million barrels. Cushing crude oil stocks decreased by 0.6 mi…
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