Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil
Oil prices attempt to bounce off 2025 lows after Saudi Arabia raises crude prices
Oil futures ticked higher early Thursday, seeing a modest bounce off 2025 lows after Saudi Arabia’s state-owned petroleum company significantly raised physical crude prices for Asia.
Oil pares losses after Saudi price increase
Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi Arabia's state oil company sharply raised March oil prices.
Oil prices recover slightly after Saudi Arabia raises prices
The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over the benchmark, reaching its highest level since December 2023. The increase also saw its highest monthly increase since August 2022.
Saudi Aramco Boosts Oil Prices to Asia as Mideast Crude Soars
Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern crude and improving refinery margins.
Saudi Aramco hikes Arab Light prices for Asia’s oil market
Saudi Aramco, the world’s largest oil producer, has significantly increased its official selling price for Arab Light crude oil destined for Asia. This move has sent ripples through the global energy markets,
Saudi Aramco hikes Asian crude oil price by $2.40 a barrel
State oil producer Saudi Aramco (TADAWUL:2222) has increased the price of its Arab Light oil to Asia for March by $2.40 a barrel. This adjustment, the largest since August 2022, surpasses the $2 increase that traders and refiners had anticipated,
Brent Crude Oil May Hover Between $60-$65 a Barrel Through 2H
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand
Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of ...
Oil Falls Amid U.S. Crude Build, Trade War Fears
Oil prices slide 2% despite U.S. President Trump reinstating maximum pressure on Iran, as rising U.S. crude inventories and ...
Oil major TotalEnergies posts 21% drop in full-year profit amid lower crude prices
French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude ...
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil stocks increased more than expected as production picked up, while the build in gasoline stocks extended to almost three months, according to data released Wednesday by the U.S. Energy ...
Europe’s Oil Market Flashes Price Weakness on Refinery Halts
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
Nigeria Seeks to Boost Daily Oil Output to 2.7 Million Barrels by 2027
Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...