At 06:30 GMT, the front-month March WTI contract on Nymex was at $59.73/bl. The contract had traded as low as $58.59/bl earlier in the day, down by 3.19pc from its settlement yesterday. WTI had settled […]
The tender is seeking cargoes delivered 1-10 April to the Paradip terminal on the eastern coast of India and includes various grades from North America, Latin America, west Africa and the Mideast Gulf. US crude […]
The decision by OPEC+ to continue shielding the global oil market by curtailing its output, even with generous self-imposed cuts like Saudi Arabia’s 1 million barrels per day “gift”, has helped WTI crude prices exceed […]
Total US crude exports averaged 2.73mn b/d in November, down from 2.91mn b/d in October, according to trade data released today by the US Census Bureau. China had been the top destination for US crude […]
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