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Crude Oil News
India June Crude Imports Hit 8-Month Low as Virus Dampens Demand
Indian refiners’ crude throughput in June was little changed from the previous month when it…
July 30th 2021
Oil Settles Up, Brent Tops $76 as U.S. Supplies Tighten More
A weaker dollar can boost investor demand for dollar-denominated commodities, including crude oil.
July 30th 2021
Canada’s Suncor Posts Quarterly Profit on Improved Crude Prices
The bulk of the company's operations are in northern Alberta's oil sands, and it is…
July 29th 2021
High Prices, Low Output Keep Russia’s Urals Crude Oil in Europe
The United States also increased imports of Urals to 500,000 tonnes in the first half…
July 29th 2021
Refiner Neste Forecasts Lower Profit on Higher Feedstock, Oil Prices
The oil product unit saw its operating profit fall to 8 million euros from 40…
July 28th 2021
Oil Prices Steady as Virus Spread Counters Tight Supplies
Analysts polled by Reuters expected the data to show U.S. crude stocks fell by about…
July 28th 2021
Portuguese Oil Company Galp Swings to Profit But Covid Still Weighs
The company's refining margin also rose to $2.2 a barrel in the second quarter, from…
July 27th 2021
Oil Falls as Coronavirus, Slower China Imports Hit Demand
Strong U.S. demand and expectations of tight supplies have helped both contracts recover from a…
July 27th 2021
China Crackdown Could Knock Crude Oil Import Growth to 20-Year Low
This has curbed demand for crude from Africa, Brazil and Russia, prompting traders to divert…
July 26th 2021
Oil Prices Manage a Weekly Gain as Global Crude Demand Holds Up
Futures in New York rose 0.2% last week, completely recouping a selloff on Monday that…
July 26th 2021
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