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SINGAPORE/HOUSTON/LONDON (Reuters) -Premiums for prompt benchmark oil prices globally are falling compared with those in ...
NYMEX WTI crude oil futures have traded in a range of $55.12 to $79.39 per barrel in 2025. At just above the $62 level in mid ...
Most Gulf equity markets eked out gains on Thursday as stronger oil prices lifted sentiment and offset a mixed batch of earnings reports.
LONDON: Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output ...
Saudi Aramco, the kingdom's state-controlled oil producer, raised its OSP for its flagship Arab Light blend to Asia to a premium of $3.20 a barrel above the Oman/Dubai average ...
Indian refiners seek alternative crude sources amid US pressure on Russian imports, impacting global oil market dynamics.
Arabian Gulf Business Insight on MSN22h

As summer demand ends, oil market shifts to oversupply

Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the Middle East, Latin America and Europe, just as peak summer demand ends, ...
Vietnam's Binh Son Refining and Petrochemical has bought 1 MMbbls of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025.