News

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 ...
LONDON: Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output ...
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, ...
SINGAPORE/HOUSTON/LONDON (Reuters) -Premiums for prompt benchmark oil prices globally are falling compared with those in ...
Oil prices edged higher as markets priced in geopolitical risk ahead of a high-stakes US-Russia meeting, despite bearish ...
Trump’s unpredictability and high tariffs could make it essential for Middle Eastern countries to diversify their markets and ...
Global supply growth surpasses demand, leading to lower oil prices and potential impacts on gasoline and diesel costs.. Oil ...
The first full week of August was another week with just small price changes at the gas pumps around the U.S., Oregon and the ...
Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...
Indian refiners, the world's biggest user of Russian oil, can operate without supplies from Moscow from a technical ...