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Crude Oil - Venezuela's oil exports surpasses 700,000 bpd in June due to more upgraded crude
July 6 (Reuters) - Venezuela's oil exports in June rose 8% from the previous month to above 700,000 barrels per day (bpd), fueled by the restart of a key crude processing unit and faster approvals for cargoes departing its shores, according to shipping ...
Crude Oil Flattish as Traders Weigh Output Cuts, Demand Worries
Crude Oil prices are flattish early in the Asia session, easing from recent gains sparked by Russia and Saudi Arabia's extension of production curbs.
US crude oil gains on supply cuts, focus shifts to holiday demand
U.S. crude oil gained about 3% on Wednesday, narrowing the price gap with global benchmark Brent in a post-holiday response to supply cuts announced on Monday by Saudi Arabia and Russia.
Oil market left more vulnerable to shocks by rising cost of money
As it becomes more expensive to keep crude in tanks, traders will have to contend with structurally lower inventories