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Crude Oil - Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say
SINGAPORE/NEW DELHI, July 6 (Reuters) - Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have together purchased about 7 million barrels of crude oil through tenders last week, trade ...
Iraq restores oil output to pre-war levels at three major fields
Iraq is reviving crude oil output to pre-war levels at three fields in response to the US-Iran deal to relieve regional maritime constraints.
Oil falls on OPEC+ output hike, Hormuz flows recovery
Oil prices fell on OPEC+’s decision to hike production and due to the continued recovery in shipping through the Strait of Hormuz.
Oil price today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the decline
Brent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 a barrel. WTI did not settle on Friday as U.S. markets ...
OPEC+ pumps more oil as Hormuz reopens. Here's why crude prices are falling
Oil prices slipped after OPEC+ approved another production increase and exports through the Strait of Hormuz resumed. Here’s why traders are now focusing on rising supply, weaker demand and the outloo ...