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Crude Oil - Rosneft signed contract with Indian Oil for supplying up to 2 mln tons of crude oil to India
Rosneft and Indian Oil Corporation Limited (IOCL) signed a contract for supplying up to 2 mln tons of oil to India via the port of Novorossiysk by the end of 2022. The signing took place during ...
Sentiment Shifts In Oil Markets As Hedge Fund Selling Spree Ends
The news of another coronavirus variant that prompted some countries to close their borders frightened traders who exited their bullish positions on the commodity in droves a week ago. Now, however, ...
WTI Crude Oil Forecast: Threatening Major Breakout
The West Texas Intermediate Crude Oil market rallied rather significantly on Tuesday to reach towards the highs of the previous inverted ha ...
USD/CAD refreshes multi-week low amid bullish oil prices, eyeing 1.2600 ahead of BoC
A combination of factors dragged USD/CAD to a three-week low on Wednesday. Crude oil shot back above the $72.00/barrel mark and underpinned the loonie. Retreating US bond yields weighed on the USD and ...
Oil Steadies as Omicron Relief Rally Hit by Cushing Crude Build
Oil steadied after a two-day rally as an industry report pointed to the biggest gain in stockpiles at a key U.S. storage hub since February.Most Read from BloombergThe World’s Relentless Demand for ...