By Siyi Liu, Florence Tan and Nidhi Verma SINGAPORE (Reuters) -Spot premiums for Middle East crude rose to their highest in ...
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...
Indian refiners cumulatively imported nearly 649,000 bpd of Saudi Arabian crude in December, up 4.4 per cent sequentially.
Merging one or more of the Middle East exchanges and expanding their capabilities could lead to an ultimate crude oil ...
WTI crude oil prices are stabilizing near $73.67, maintaining upward momentum following a five-session rally. Boosted by colder weather in the Northern Hemisphere and China’s fiscal stimulus efforts, ...
Baghdad (IraqiNews.com) – The Prime Minister’s Office (PMO) revealed recently that the Iraqi cabinet approved a $4.5 billion initiative to build the Basra-Haditha oil pipeline. The planned ...
3. A downward pressure on international oil prices is negative for India due to its extremely high dependence on oil imports. — The current drop in global crude oil prices has resulted in India’s oil ...
The project, estimated to cost 5.97 trillion Iraqi dinars ($4.56 billion), will be developed by the state-backed Basra Oil Company and Oil Projects Company and funded under the Iraq-China agreement.
Indian Oil Corp, the country's largest refiner ... The purchase was in addition to 2 million barrels of Basra Light crude to be delivered in the same month. Essar Projects, a leading EPC (Engineering ...