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Crude Oil - Indian refiners boost US crude purchases as Russian oil pressure rises
India’s refiners are turning to US crude imports at a faster pace as geopolitical pressure intensifies over their reliance on Russian oil. The shift comes after a recent drop in US crude prices, ...
Crude Oil Rallies as Zelensky-Putin Meeting Looks Unlikely
Oil prices rallied after the German Chancellor Merz said it’s unlikely that Presidents Zelensky and Putin will meet, providing a blow to hopes for a peace deal between Ukraine and Russia. Given the ...
Oil prices fall on expected demand drop, but set for weekly gain
Oil prices fell on Friday, but were set for a weekly gain, tugged between uncertainty about Russian supply and expectations of lower demand as the summer driving season in the United States, the world ...
Crude Oil Price Forecast: Extends Bullish Reversal, Buyers Push Toward Key Resistance
Crude oil extended its bullish reversal Thursday, breaking above key levels and targeting higher resistance zones, though the rally remains countertrend within a broader downtrend.
Oil Gains as Falling US Crude Inventories Outweigh India Tariffs
While prices continue to trade within a $5 band this month, West Texas Intermediate’s so-called prompt spread — a measure of supply tightness — strengthened to the widest in more than a week. The move ...