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Crude Oil

Crude oil futures decrease with U.S. attempts to cap Russian oil prices

Oil pricesfellby1.01%-1.03% On 15 August 2022, 09:02 (UTC+3), Brent Crude futures for October settlement were trading 1.01% lower at $97.1 a barrel on the London-based...

OPEC Revised Crude Oil Demand Downwards

Crude Oil Price Movements The OPEC Reference Basket fell $9.17, or 7.8%, m-o-m in July to average $/b. Oil futures prices remained highly volatile in...

Crude oil futures decrease on chance of Iran supply boost

Oil pricesfellby0.53%-0.66% On 9 August 2022, 08:45 (UTC+3), Brent Crude futures for October settlement were trading 0.5% lower at $95.84 a barrel on the London-based...

Asian refiners assess crude oil buying strategies after OPEC+ decision

This week, Asian refiners will assess their spot and term crude procurement strategies after OPEC+ signed off on a modest production hike. Last week,...

ASIA CRUDE OIL: Key market indicators for Aug 8-12

Oil prices are expected to remain pressured in the week to Aug. 12 as the demand outlook has grown more uncertain after a strong...

Russian crude oil prices recover on strong India, China demand

Spot prices for Russia’s key export crude grade ESPO Blend to Asia have rebounded from all-time lows amid strong demand from top buyers India...

Crude oil futures rise after a fall on August 5

Oil pricesroseby0.27%-0.35% On 8 August 2022, 08:28 (UTC+3), Brent Crude futures for October settlement were trading 0.35% higher at $95.25 a barrel on the London-based...

Crude oil from the field is being received in a reduced mode at the CPC pipeline system

In view of the repairs at Tengiz field in the Republic of Kazakhstan, crude oil from the field is being received in a reduced...

Crude oil futures are slightly down after a steep fall previously

Oil pricesfellby0.07%-0.09% On 4 August 2022, 09:08 (UTC+3), Brent Crude futures for October settlement were trading 0.09% lower at $96.69 a barrel on the London-based...

Kuwait crude oil plunges $3.08 to 105.62 pb

Kuwait crude oil plunged US$3.08 during Tuesday’s trading sessions to reach US$105.62 per barrel (pb), compared with US$108.70 pb the day before, Kuwait Petroleum...

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