MOSCOW (MRC) — U.S. crude stockpiles surged by nearly 9 MM barrels last week due to a combination of increased imports and ongoing releases from government emergency reserves, said Reuters. Crude inventories rose by 8.8 […]
Crude fell to the lowest point since January as another turbulent week took its toll on oil prices, with thin trading and unclear supply and demand data fueling a 30% fall off this year’s highs. […]
India will look for alternative sources of crude oil to ensure sustained supply of the fuel, Finance Minister Nirmala Sitharaman said. New supply chains won’t likely have an impact on crude prices though, she said […]
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