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Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said, part of an effort by the Chinese firm to step up oil trading in Asia.
Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...
July WTI crude oil (CLN25) Wednesday closed up +0.30 (+0.40%), and July RBOB gasoline (RBN25) closed up +0.0367 (+1.62%). Crude oil prices whipsawed Wednesday in volatile trade and finally ...
He's covered oil markets for the last 25 years. And he says after past flare-ups of violence in the Middle East, oil prices have spiked. But not this time.
Global refining capacity is growing despite fewer refineries, driven by regional demand shifts, sustainability pressures, and ...
Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Heightened tensions in the Middle East are supportive of crude prices after Yemen's ...
Oil prices were falling early Wednesday after a day of gains when President Donald Trump appeared to consider getting the U.S. directly involved in the conflict between Israel and Iran. Israel ...
Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but fell sharply later in the day amid optimism that an escalation of the ...
Tension in the Middle East is escalating between Israel and Iran, triggering a ripple effect at the gas pumps in America. Analysts predict prices could rise by 10 to 20 cents, while diesel could ...