| 单词 | crude oil |
| 例句 | A gasket blows five thousand feet underwater beneath an oil rig off the coast of Louisiana, sending millions of barrels of crude oil gushing into the Gulf of Mexico. Becoming 2018-11-13T00:00:00Z The U.S. customs office was kept busy inspecting oil tankers from the Middle East which supplied crude oil to the refinery at Hess Oil. Hole in My Life 2002-03-26T00:00:00Z Her tone couldn’t have held more wonder and censure if Zooey’s pores had been exuding crude oil. Franny and Zooey 1961-09-14T00:00:00Z As the price of crude oil goes up, so goes the airfare. In Transit: What Oil Prices Mean for Airfares 2011-03-11T20:00:03Z But crude oil, a component in homemade bombs, was no longer available. Dorothea Rockburne’s Ephemeral Art and Enduring Legacy 2018-05-04T04:00:00Z Although the enormous wealth from exporting crude oil made Nigeria one of Africa’s largest economies, its people continue to grapple with poverty and underdevelopment. Nigerian Nobel-winning author Wole Soyinka has hope in young 2021-10-31T04:00:00Z She also began to use industrial materials rather than fine-art ones and drawing with crude oil. What to See in New York Art Galleries This Week 2018-08-08T04:00:00Z The pipeline would offer the most direct route for crude oil from North Dakota to Gulf Coast refineries. Government seeks new path for controversial oil pipeline 2016-11-02T04:00:00Z The accident happened when a train carrying crude oil exploded in Lac-Mégantic, Quebec, and the BBC reports that Netflix confirmed that footage of the disaster was included in a montage sequence illustrating an attack. Netflix criticised for using images of real-life rail disaster in Bird Box 2019-01-17T05:00:00Z Over 100,000 gallons of crude oil leaked from a ruptured pipeline attached to an offshore drilling platform, coating the coast with oil around Gaviota, 20 miles west of Santa Barbara. Friday’s Travel News: California Beach Reopens; Greyhound Goes to Mexico 2015-07-17T04:00:00Z In other energy news, the two major benchmarks for trading in crude oil were lower Monday, largely because of new fears that there would be no quick solution to the European debt crisis. Gas prices rising after weeks of declines 2011-10-18T10:55:00Z But often the oil quest imagery just seems slapped on, literally: For no clear reasons singers smear one another with crude oil. At Bayreuth, Boos and Dropped Jaws 2013-08-01T10:42:00Z He says his home country is among the worst offenders with its crude oil extractions in Alberta. Documentary 'Revolution' gets somewhat lost at sea 2015-04-21T04:00:00Z The farm is owned by Art and Helen Tanderup, who are campaigning against selling their land to TransCanada Corp to lay a pipeline that would carry crude oil from northern Alberta to refiners in Texas. Nelson, Young headline Nebraska concert against Keystone pipeline 2014-08-18T04:00:00Z The price Americans pay at the pump is tied to the crude oil market -- a global system largely beyond the reach of Washington. Michelle Bachmann: I'll bring back $2 gas 2011-08-18T11:04:00Z Its trade routes once again teem with caravans, this time carrying crude oil, jade, soldiers and, increasingly, tourists. Explorer: A Desert Blooms Along China?s Silk Road 2010-10-15T19:26:00Z The heavy metals known to be present in crude oil are being ignored in the testing of seafood. Listen up, doctors: Here’s how to talk to your patients 2012-05-23T11:45:00Z Iran, the world's No. 5 crude oil exporter, says its nuclear facilities are part of a peaceful energy program and it would retaliate for any attack on them. Iran to load own nuclear fuel rods in Tehran reactor 2012-02-15T12:59:02Z And a rusted pipeline transporting crude oil up from the Amazon ran alongside the road toward Quito. Bears, Binoculars and Bucket-List Birds: A 15-Day Tour in Ecuador 2023-04-26T04:00:00Z A ten-gallon hat actually holds only about 1.5 liters of crude oil. Style Invitational Week 1257: The year in redo (Part 1) 2017-12-07T05:00:00Z Eight environmental groups and The Associated Press last week filed Freedom of Information Law requests with the state Office of Emergency Management seeking details about shipments of explosive crude oil from the Bakken shale region. A sampling of editorials from around New York 2014-07-09T04:00:00Z Latest EU data, for the third quarter of 2011, shows that oil sales into Britain fell to zero and France imported 75,000 bpd, accounting for just 6 percent of its crude oil imports. UN inspectors in Iran for nuclear talks 2012-02-20T10:35:00Z Dorothea Rockburne’s 1970 studies for a larger work titled “Scalar” combine crude oil, pasteboard and paper for a painterly beauty that is random, blunt and complex, a good example to build on. Art in Review: ‘Conspicuous Unusable’ 2013-08-08T20:17:18Z Canada is the largest foreign oil supplier to the United States, and about half the country's crude oil supplies are derived from the oil sands. Environmentalists see "Avatar" in Canada oil sands 2010-03-04T23:23:00Z We remember the video images of the Macondo deep-sea well as it spewed about 50,000 barrels of crude oil a day into southern Louisiana’s fragile ecosystem. ‘Spill’: A devastating account of the BP oil spill in the Gulf of Mexico 2015-11-03T05:00:00Z Numerous speakers told a Washington state Senate committee that they oppose the rapid increase in railcars carrying crude oil from the Bakken fields of North Dakota and Montana through the state. 5 Things to Know in Montana for June 18 2014-06-18T04:00:00Z It operates a fleet of 39 vessels including 25 VLCCs, one of the world's biggest crude oil transporters. China to begin delivering supertankers to Iran in May 2012-04-13T07:38:02Z The list did not include China and India, Iran's top two crude oil importers, nor U.S. alliesSouth Korea and Turkey, which are among the top-10 consumers of Iranian oil. U.S. exempts 11 countries from Iran sanctions; China, India exposed 2012-03-21T12:14:00Z The testing is for one chemical out of a crude oil mixture containing thousands of chemicals. Listen up, doctors: Here’s how to talk to your patients 2012-05-23T11:45:00Z A look at the imports of major commodities, however, paints a somewhat different picture, with crude oil, coal, iron ore and copper all performing reasonably well. Column: China's resilient commodity imports contrast with weak... 2019-03-08T05:00:00Z On Tuesday the American Playwriting Foundation announced that Gracie Gardner is the winner of the 2017 Relentless Award for her new play “P____ Sludge,” which tells the story of a woman who menstruates crude oil. Gracie Gardner Wins Prize for Play With Unprintable Title 2017-12-26T05:00:00Z The explosions lit up the sky like daylight, witnesses said, incinerating buildings and trees and spilling millions of gallons of burning crude oil into the lake. A year on, Quebec town remains in grip of 'train from hell' 2014-06-24T04:00:00Z "A weakening global economy would be expected to consume less crude oil, which puts downward pressure on prices," AAA's Avery Ash said. Energy fades as campaign issue as gas prices drop 2012-05-15T11:00:00Z Currents redirect the crude oil away from the tourist spots where white truckers are waiting. ‘I’m Charlie Walker’ Review: More Wink Than Wallop 2022-06-09T04:00:00Z Other multipart paintings had been executed with crude oil, specially ordered chipboard, electrical tape, nails and tar. Dorothea Rockburne’s Ephemeral Art and Enduring Legacy 2018-05-04T04:00:00Z And today he is poor, abjectly poor, a man who headed the country when the dollar price of our crude oil was at the highest level. The Swimming Pool by Jekwu Anyaegbuna 2013-03-16T09:01:08Z It said the vessels used U.S.-person services while transporting the Russian-origin crude oil. US sanctions maritime companies, vessels for shipping oil above Russian price cap 2023-11-16T05:00:00Z "Clearly, the decline in crude oil prices and the weakening of the structure is an ominous sign; one that implies an oversupplied physical market," said Tamas Varga of oil broker PVM. Oil prices dive on US crude build and China concerns 2023-11-16T05:00:00Z In other trading, U.S. benchmark crude oil gave up 81 cents to $75.85 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares wobble and oil prices fall after Biden’s meeting with China’s Xi 2023-11-16T05:00:00Z European Union diplomats said Russian oil tankers are not targeted in the European Commission's proposal for tightening implementation of a price cap on the country's crude oil. Oil prices dive on big US crude stock build, record output 2023-11-15T05:00:00Z American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Oil tumbles on big build in US crude stocks, record crude production 2023-11-15T05:00:00Z China imports more than half its crude oil from the Middle East, and a bigger war would threaten energy security for the country at a time when its economy is struggling. In the Israel-Hamas war, China sees opportunity to gain ground on the U.S. 2023-11-15T05:00:00Z Nigeria's central bank announced it would inject $10bn worth of foreign exchange into the market, mainly sourced from crude oil sales and foreign investments. Weak currencies force up cost of living in Sub-Saharan Africa 2023-11-14T05:00:00Z In other trading, benchmark U.S. crude oil added 23 cents to $78.49 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares are mostly higher ahead of US inflation data and a US-China summit 2023-11-13T05:00:00Z Plastic is largely made from crude oil and natural gas, giving oil-producing countries and companies a large stake in any treaty. Talks on a landmark treaty to end global plastic pollution are advancing in Kenya’s capital 2023-11-13T05:00:00Z Weak economic data last week from China, the world's biggest crude oil importer, also raised fears of faltering demand. Oil steady on caution over demand outlook and Fed rates 2023-11-13T05:00:00Z Weak economic data last week from China, the world's biggest crude oil importer, increased fears of faltering demand, with refiners asking for less supply from Saudi Arabia, the world's largest exporter, for December. Oil wavers on weak demand outlook in US and China, Fed hedging 2023-11-13T05:00:00Z That is "not a prospect that crude oil will welcome given that recent data in China and the U.S. has brought growth fears back to the surface," he said. Oil falls on weak demand outlook in US and China, Fed hedging 2023-11-13T05:00:00Z Meanwhile, crude oil prices eased on Monday as demand worries trumped supply concerns, amid slowing growth in the United States and China. Stocks gain, bonds calm as Fed outlook trumps Moody's downgrade 2023-11-13T05:00:00Z Weak economic data last week from China, the world's biggest crude oil importer, also increased fears of faltering demand. Oil prices ease on worries of waning demand in US and China 2023-11-13T05:00:00Z Petrobras’ planned investments in crude oil exploration and production for the period are more than 10 times higher than its low-carbon investments, according to the World Benchmarking Alliance, which tracks companies on sustainability goals. Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds 2023-11-10T05:00:00Z China regulates crude oil imports by issuing quotas. Explainer: Iran's expanding oil trade with top buyer China 2023-11-10T05:00:00Z Weak economic data last week from China, the world's biggest crude oil importer, increased fears of faltering demand. Oil falls on weak demand outlook in US and China, Fed hedging 2023-11-13T05:00:00Z Additionally, refiners in China, the largest buyer of crude oil from the world's largest exporter Saudi Arabia, asked for less supply from Saudi Arabia for December. Oil set for third weekly decline as Middle East conflict concerns ebb 2023-11-10T05:00:00Z In the western province of Alberta, where many ferocious wildfires burned, huge deposits of thick crude oil, mixed with tarry sand, sit beneath the forest and near the snaking Athabasca River. Canada says it can fight climate change and be major oil nation. Massive fires may force a reckoning 2023-11-09T05:00:00Z The price for a barrel of U.S. crude oil has fallen from above $90 to back to where it was in July, and it dropped another $2.04 to settle at $75.33 on Wednesday. Stock market today: Asian shares mostly higher after China reports that prices fell in October 2023-11-08T05:00:00Z Africa's most populous nation is grappling with double-digit inflation, foreign currency shortages, a weakening naira, widespread insecurity and crude oil theft. Nigeria's president signs budget including funds for yacht, bulletproof cars 2023-11-08T05:00:00Z Also weighing on prices, U.S. crude oil stocks rose by almost 12 million barrels last week, market sources said late on Tuesday, citing American Petroleum Institute figures. Oil slides over 2% on demand worries, lowest settlement in 3 months 2023-11-08T05:00:00Z The firm is also a part-owner in Vesta Terminals, which operates storage terminals that hold crude oil, petroleum products and other liquids, as well as a marine fuels company called Minerva Bunkering. Fossil fuel interests have large, yet often murky, presence at climate talks, AP analysis finds 2023-11-08T05:00:00Z Data from China, the world's biggest crude oil importer, showed its total exports of goods and services contracted faster than expected, feeding worries about the energy demand outlook. Oil sputters to 3-month lows as demand concerns mount 2023-11-08T05:00:00Z U.S. crude oil stocks rose by almost 12 million barrels last week, market sources said late on Tuesday, citing American Petroleum Institute figures. Oil sputters near three-month lows as demand concerns mount 2023-11-08T05:00:00Z Data in China, the world's biggest crude oil importer, also raised doubts about the demand outlook. Oil prices stutter after hitting 3-mths-lows, demand concerns mount 2023-11-08T05:00:00Z Still, China's October crude oil imports showed robust growth and its central bank governor said the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil slides over 2% on demand worries, lowest settlement in 3 months 2023-11-08T05:00:00Z U.S. crude oil stocks rose by almost 12 million barrels last week, market sources said late Tuesday, citing American Petroleum Institute figures. Oil prices fall to over 3-month low on signs of higher supply 2023-11-08T05:00:00Z Still, China's October crude oil imports showed robust growth and its central bank governor said on Wednesday that the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil sputters to 3-month lows as demand concerns mount 2023-11-08T05:00:00Z Adding to fears of weakening global demand, data from China, the world's biggest crude oil importer, showed its total exports of goods and services contracted more quickly than expected. Oil sputters near three-month lows as demand concerns mount 2023-11-08T05:00:00Z On the demand side, China's crude oil imports in October showed robust growth but its total exports of goods and services contracted at a quicker pace than expected. Oil dives 4% to lowest since July on demand worry, strong dollar 2023-11-07T05:00:00Z While China's crude oil imports in October showed robust growth both year on year and month on month, its total exports contracted at a quicker pace than expected. Oil prices at 2-1/2 month lows as China data offset supply cuts 2023-11-07T05:00:00Z While China's crude oil imports showed robust growth both year on year and month on month in October, the country's total exports still contracted at a quicker pace than expected, reflecting weak global demand. Oil falls 1% as mixed China trade data offset supply cuts 2023-11-07T05:00:00Z Saudi Aramco on Tuesday reported a 23% fall in third quarter net profit, marginally beating analyst's estimates, on lower crude oil prices and volumes sold. Asia stocks snap winning streak; RBA hikes but Aussie sinks 2023-11-07T05:00:00Z However, China's October crude oil imports showed robust growth and its central bank governor said on Wednesday that the world's second-biggest economy is expected to hit its gross domestic product growth target this year. Oil sputters near three-month lows as demand concerns mount 2023-11-08T05:00:00Z China imported 13.52% more crude oil in October from a year earlier, a marginal increase on September's growth. China's imports unexpectedly grow as demand makes cautious comeback 2023-11-07T05:00:00Z Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil prices ease as market awaits China data to gauge demand 2023-11-07T05:00:00Z Meanwhile, U.S. crude oil refiners this quarter will pull back from red-hot summer run rates as weak gasoline margins and plant overhauls cool operating goals, according to company statements and oil analysts. Oil rises as Saudi Arabia and Russia stick to supply cuts 2023-11-06T05:00:00Z The fact is that U.S. crude oil that is exported to other countries actually protects energy security and helps consumers by lowering the global price of oil. Senate Democrats announce their support for higher energy prices 2023-11-05T04:00:00Z Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil up 1.5% as Saudi Arabia and Russia stick to supply cuts 2023-11-06T05:00:00Z But price gains could have been capped by an easing of crude oil throughputs at Chinese refineries. Oil rises by 1% as Saudi Arabia, Russia stick to cuts 2023-11-06T05:00:00Z Brent crude oil almost hit $94 a barrel shortly after the Hamas attack in Israel on Oct. How European airlines have hedged against fuel price increases 2023-11-06T05:00:00Z Lower borrowing cost is likely to boost spending and demand for crude oil. Oil rises as Saudi Arabia and Russia stick to supply cuts 2023-11-06T05:00:00Z Russia also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil ticks upwards after Saudi Arabia, Russia stick to output cuts 2023-11-06T05:00:00Z Following the Saudi statement, Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil nudges higher after Saudi Arabia, Russia stick to output cuts 2023-11-06T05:00:00Z Earlier this week, the World Bank warned that the conflict in the Middle East could push the price of crude oil up to $150 a barrel - compared to $85 today. Shell posts $6.2bn profit as oil prices rise again 2023-11-02T04:00:00Z In other trading, U.S. benchmark crude oil advanced 48 cents to $81.50 a barrel. Stock market today: Asian shares track Wall Street gains ahead of Fed decision on interest rates 2023-11-01T04:00:00Z The company's Midland-to-ECHO 2 pipeline, which moves crude oil from the Permian Basin of West Texas to Houston, was created by converting a segment of the Seminole pipeline. Enterprise Products doubles down on gas liquids with pipelines, processing plants 2023-10-31T04:00:00Z The crack spread , a key gauge of refiner profits that measures the difference between crude oil prices and selling prices of finished products, fell about 35% in the third quarter. Marathon Petroleum's quarterly profit tops estimates on strong fuel demand 2023-10-31T04:00:00Z A second industry source, also declining to be named, also said that the issue was not output, but issues in refining the crude oil and the hurdles to bringing in imports. Argentina drivers hunt for fuel 'like water in the desert' amid shortage 2023-10-30T04:00:00Z However, the cost of crude oil has moved upwards again since the production cuts in the summer. Shell posts $6.2bn profit as oil prices rise again 2023-11-02T04:00:00Z Today, it can process 250,000 barrels of crude oil each day, mostly coming by pipeline from Canada, by rail from North Dakota and globally at a nearby shipping dock. WA’s largest oil refinery ramps up cleaner fuels as climate laws take hold 2023-10-28T04:00:00Z Earnings at the largest U.S. oil producer have benefited from higher crude oil prices compared to the previous quarter and demand for gasoline and diesel. Exxon posts $9.1 billion net income, down from year-ago, up 15% from Q2 2023-10-27T04:00:00Z A Yonhap report said that the agreement will reportedly create a joint crude oil reserve of 5.3 million barrels in Ulsan, a South Korean industrial center producing petrochemicals, cars and ships. South Korea tightens links with Middle East on energy security 2023-10-26T04:00:00Z The ruling will give 71-year-old Tinubu a clear mandate to govern Africa's most populous nation, which is grappling with double-digit inflation, foreign currency shortages, a weakening naira, widespread insecurity and crude oil theft. Nigerian Supreme Court affirms President Tinubu's election win 2023-10-26T04:00:00Z In the oil market, U.S. benchmark crude oil lost 15 cents to $85.24 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: World shares slide after Wall St rout driven by high yields, mixed earnings 2023-10-26T04:00:00Z Refineries typically use hydrogen to reduce the sulfur content in crude oil. WA’s largest oil refinery ramps up cleaner fuels as climate laws take hold 2023-10-28T04:00:00Z At least 70 trucks carrying crude oil used to pass through every day, the official said, adding that the protesters were not blocking passengers or other goods from going through. Iraqi pro-Gaza protesters block oil tanker trucks from entering Jordan 2023-10-26T04:00:00Z Falling crude oil stockpiles in the U.S., the world's biggest oil consumer, are also supportive of prices. Oil steadies as demand fears counter Middle East conflict 2023-10-25T04:00:00Z Falling crude oil stockpiles in the U.S., the world's biggest oil consumer also supported prices. Oil little changed as economic concerns offset Middle East supply worries 2023-10-25T04:00:00Z Both companies' share track crude oil prices, which dropped on Monday. Chevron to buy Hess Corp for $53 billion in all-stock deal 2023-10-24T04:00:00Z A barrel of benchmark U.S. crude oil added 43 cents to $85.92 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veer 2023-10-24T04:00:00Z But yields eventually eased back after crude oil prices tumbled to take some pressure off inflation. How major US stock indexes fared Monday, 10/23/2023 2023-10-23T04:00:00Z The beginnings of some aid convoys to Gaza and no fresh escalation of the war there at the weekend at least saw crude oil and gold prices back off their latest highs on Monday. Morning Bid: Markets juggle 5% yields and 150 yen 2023-10-23T04:00:00Z They also recommended hedging against a widening conflict in the Middle East by taking long futures positions on Brent crude oil. Wall St Week Ahead Investors seek shelter as U.S. stocks grow more turbulent 2023-10-20T04:00:00Z Benchmark U.S. crude oil for November delivery fell 62 cents to $88.75 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-10-20T04:00:00Z TC Energy also owns the Keystone Pipeline System, which carries crude oil from Canada to multiple states. Expansion of Pacific Northwest natural gas pipeline gets go-ahead 2023-10-19T04:00:00Z Early Thursday, U.S. benchmark crude oil was down 11 cents at $87.16 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports rose 2023-10-18T04:00:00Z U.S. crude oil and fuel inventories dropped last week on rising demand for diesel and heating oil, according to data from the Energy Information Administration. Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease 2023-10-19T04:00:00Z Worries about a broad embargo seem partly responsible for sending prices for Brent crude oil, the international benchmark, up to about $93 a barrel, from $91.50, on Wednesday. Iran’s Call for Oil Embargo on Israel Roils Markets 2023-10-18T04:00:00Z The combination of high-pressure growth and U.S. crude oil prices back up to their highest in two weeks has re-ignited inflation concerns. Morning Bid: US growth topping China as megacaps report 2023-10-18T04:00:00Z Benchmark U.S. crude oil for November delivery was unchanged at $86.66 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-10-17T04:00:00Z A new kind of polymer membrane created by researchers at Georgia Tech could reshape how refineries process crude oil, dramatically reducing the energy and water required while extracting even more useful materials. New polymer membranes, AI predictions could dramatically reduce energy, water use in oil refining 2023-10-16T04:00:00Z Early Tuesday, U.S. benchmark crude oil was up 2 cents at $86.68 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: World shares gain on back of Wall Street rally as war shock to markets fades 2023-10-17T04:00:00Z Russia exports around 2.0 million barrels of oil per day to China, more than a third of its total crude oil exports. Putin visits 'dear friend' Xi in show of no-limits partnership 2023-10-17T04:00:00Z "It's more of the same on Monday in terms of the conflict in the Middle East being contained from affecting crude oil supplies," said John Kilduff, partner with Again Capital LLC. Oil falls below $90 a barrel on report of US-Venezuela deal 2023-10-16T04:00:00Z For investors, crude oil continues to be most sensitive to the risk of widening regional war and most capable of emitting shocks through other markets by reigniting both inflation and economic demand fears simultaneously. Morning Bid: MidEast tension keeps markets on edge 2023-10-16T04:00:00Z The implications are stark: the initial separation of crude oil components is responsible for roughly 1% of energy used across the globe. New polymer membranes, AI predictions could dramatically reduce energy, water use in oil refining 2023-10-16T04:00:00Z Early Monday, U.S. crude oil was unchanged while Brent was up 3 cents at $90.92 a barrel. Stock market today: Asian shares sink as investors brace for Israeli invasion of Gaza 2023-10-15T04:00:00Z In the last few months, prices have risen as some members of the oil producers' group Opec+ decided to cut its production of crude oil. Home-heating oil: 'Difficult winter' as Northern Ireland prices remain high 2023-10-15T04:00:00Z Treasury prices rose as investors looked for safety while the price of U.S. crude oil settled up 5.8%. S&P 500, Nasdaq fall with data, geopolitics offsets strong results 2023-10-13T04:00:00Z Treasury prices rose as investors looked for safety while the price of U.S. crude oil rose more than 5%. S&P 500, Nasdaq down with data, geopolitics offsetting strong bank results 2023-10-13T04:00:00Z "We're establishing concepts here that we can then use with different molecules or polymers, but we apply them to crude oil because that's the most challenging target right now," said M.G. New polymer membranes, AI predictions could dramatically reduce energy, water use in oil refining 2023-10-16T04:00:00Z Since their summertime leap and subsequent regression a couple weeks ago, crude oil prices have been shaky following the latest fighting in Gaza. Stock market today: Asian markets slip as rising yields in the bond market pressure stocks 2023-10-12T04:00:00Z Benchmark U.S. crude oil for November delivery fell 58 cents to $82.91 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-10-12T04:00:00Z U.S. crude oil stockpiles swelled by about 12.9 million barrels, according to market sources citing American Petroleum Institute figures on Wednesday. Oil falls further on US stock build, easing supply concerns 2023-10-12T04:00:00Z Israel produces very little crude oil, but markets are worried that the conflict could escalate and hurt Middle East supply, worsening an expected deficit for the rest of the year. Oil ticks up as worries about supply disruptions linger 2023-10-11T04:00:00Z The company's scientists took the crudest of the crude oil components -- the sludge left at the bottom after the distillation process -- and pushed it through one of the membranes. New polymer membranes, AI predictions could dramatically reduce energy, water use in oil refining 2023-10-16T04:00:00Z Benchmark U.S. crude oil for November delivery fell 41 cents to $85.97 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-10-10T04:00:00Z While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply and worsen an expected deficit for the rest of the year. Oil prices dip as markets debate hit from Middle East turmoil 2023-10-10T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was up 3.9% at $87.85 a barrel, lifted by the military conflict in the Middle East. Russian rouble rebounds from over 18-month low vs dollar 2023-10-09T04:00:00Z U.S. crude oil prices rose about 3% higher on Monday as Israel retaliated for Saturday's shock attack by the Islamist group Hamas. Morning Bid: Oil up but restrained on Mideast jolt 2023-10-09T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was up 3.4% at $87.46 a barrel, lifted by the military conflict in the Middle East. Russian rouble tumbles to over 18-month low vs dollar 2023-10-09T04:00:00Z Benchmark U.S. crude oil for November delivery rose 48 cents to $82.79 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-10-06T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was down 0.1% at $84.02 a barrel, near its lowest since late August. Rouble recovers after slump to seven-week low past 101 vs dollar 2023-10-06T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was up 0.2% at $84.24 a barrel, near its lowest since late August. Russian rouble hits more than seven-week low past 101 vs dollar 2023-10-06T04:00:00Z Before this week's drop, gasoline prices had posted a 7.4% jump in the third quarter, riding increases in crude oil futures after production cuts from Saudi Arabia, Russia and other OPEC+ members. US gasoline prices could fall to $3 a gallon on oil selloff, rising stocks 2023-10-06T04:00:00Z On Thursday, the Turkish energy minister said a crude oil pipeline from Iraq through Turkey, which has been suspended for about six months, was ready for operations. Oil prices extend rapid descent on demand worries 2023-10-05T04:00:00Z Meanwhile, a crude oil pipeline from Iraq through Turkey, which has been suspended for about six months, is ready for operations, the Turkish energy minister said on Thursday. Oil continues to tumble after previous session's slide 2023-10-05T04:00:00Z Brent crude oil futures were up 11 cents to $85.92 a barrel while U.S. Oil prices tick up after OPEC+ panel maintains output cuts 2023-10-05T04:00:00Z Oil prices have risen in response, with Brent crude oil - a major ingredient in motor fuel - rising above $90 a barrel on Tuesday. Petrol prices rise for fourth month in a row - RAC 2023-10-03T04:00:00Z Benchmark U.S. crude oil for November delivery rose 41 cents to $89.23 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-10-03T04:00:00Z Brent crude oil futures settled 21 cents higher at $90.92 a barrel, after falling to a session low of $89.50, the lowest since Sept. 8. Oil rebounds from 3-week low, settles up despite stronger dollar 2023-10-03T04:00:00Z The practice, which can be as basic as boiling crude oil in drums to extract fuel, is often deadly. Blast at illegal Nigerian oil refinery kills 37 people 2023-10-03T04:00:00Z Brent crude oil futures were down 10 cents to $90.61 a barrel by 11:15 a.m. Oil rebounds from 3-week low amid strong dollar 2023-10-03T04:00:00Z Early Tuesday, U.S. benchmark crude oil was down 71 cents at $88.11 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks 2023-10-02T04:00:00Z Opec+ is a group of 23 oil-exporting countries which decides how much crude oil to sell on the world market. Oil cartel leader warns of prolonged high prices 2023-10-02T04:00:00Z Energy companies fell broadly along with crude oil prices. Kellanova, Devon Energy fall; Discover Financial, Sphere Entertainment rise, Monday, 10/02/2023 2023-10-02T04:00:00Z Addressing the world’s reliance on crude oil, al-Jaber issued a challenge to the audience listening to him at Dubai’s Museum of the Future: Tell him how to immediately stop the use of all fossil fuels. UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks 2023-09-30T04:00:00Z Benchmark U.S. crude oil for November delivery fell 92 cents to $90.79 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-09-29T04:00:00Z Energy stocks fell as crude oil prices slipped. Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023 2023-09-29T04:00:00Z Saudi Arabia said it will be cutting its production of crude oil by a million barrels a day to boost prices. Oil cartel leader warns of prolonged high prices 2023-10-02T04:00:00Z Russia has not discussed a possible crude oil supply increase to compensate for Moscow's fuel exports ban with OPEC+, the Kremlin has said. Oil prices fall as Russia, Saudi Arabia expected to boost supply 2023-09-29T04:00:00Z Russia has not discussed with OPEC+ a possible crude oil supply increase to compensate for its fuel export ban, the Kremlin added on Thursday. Tight supply, inflation concerns keep oil investors on fence 2023-09-28T04:00:00Z It said the board's majority had essentially made up its mind to reject the application rather than deciding the issue on its merits, resulting in a "de facto ban on crude oil production and transportation." US judge refuses to overturn Exxon permit denial to truck crude oil in California 2023-09-27T04:00:00Z Those concerns come despite industry data on Tuesday showing U.S. crude oil stockpiles rose last week by about 1.6 million barrels, against analysts' expectations of a roughly 300,000-barrel drop. Oil prices climb $1 as markets focus on supply tightness 2023-09-27T04:00:00Z Additionally, analysts at ANZ Research said in a Wednesday note that Russia's recent export ban on gasoline and diesel "means upward pressure on crude oil demand from refineries." Oil prices climb as markets focus on supply tightness 2023-09-27T04:00:00Z Industry data released on Tuesday showed U.S. crude oil stockpiles rose last week by about 1.6 million barrels, against analysts' expectations for a drop of about 300,000 barrels. Oil prices edge higher as markets focus on supply tightness 2023-09-27T04:00:00Z China, meanwhile, is stockpiling large amounts of low-cost crude oil from Russia as it prepares its military forces for a potential military move against Taiwan. U.S. strategic oil reserve at lowest level in decades, even as tensions with China mount 2023-09-26T04:00:00Z Benchmark U.S. crude oil for November delivery rose 71 cents to $90.39 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-09-26T04:00:00Z Asian and European stock benchmarks sagged, with U.S. equities set to follow suit, and crude oil prices dipped on recent remarks from Federal Reserve officials that drove a bearish steepening of the U.S. yield curve. US yields at 2007 levels crimp stocks, while yen sirens blare 2023-09-26T04:00:00Z Benchmark U.S. crude oil for November delivery fell 35 cents to $89.68 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-09-25T04:00:00Z The company said in 2021 that it aimed to produce bricks not containing crude oil within two years. Lego axes plan to make bricks from recycled bottles 2023-09-25T04:00:00Z By contrast, China’s stockpiling of crude oil sharply increased to the highest level in three years in June, according to Clyde Russell, an Asia commodities and energy analyst with Reuters. U.S. strategic oil reserve at lowest level in decades, even as tensions with China mount 2023-09-26T04:00:00Z In other trading Monday, U.S. benchmark crude oil climbed 11 cents to $90.14 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months 2023-09-24T04:00:00Z Benchmark U.S. crude oil for November delivery rose 40 cents to $90.03 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-09-22T04:00:00Z In other trading, U.S. benchmark crude oil gained 66 cents to $90.29 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street 2023-09-21T04:00:00Z Benchmark U.S. crude oil for November delivery fell 3 cents to $89.63 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-09-21T04:00:00Z Mr. Russell stated in a July 26 report that Beijing increased the stockpiling taking advantage of discounted Russian crude oil purchases. U.S. strategic oil reserve at lowest level in decades, even as tensions with China mount 2023-09-26T04:00:00Z In other trading Thursday, U.S. benchmark crude oil lost 73 cents to $88.93 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares track Wall Street’s slump after Fed says rates may stay high in ’24 2023-09-20T04:00:00Z Benchmark U.S. crude oil for October delivery fell 92 cents to $90.28 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-09-20T04:00:00Z “I do want to say we’re not going to be able to see a significant change until crude oil prices come down,” Venegas noted. Gas leaps to over $6 a gallon: Here are 10 places in L.A. County with cheaper gas right now 2023-09-20T04:00:00Z Prices fell despite U.S. crude oil stockpiles falling last week by about 5.25 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday. Oil falls more than $1 ahead of Fed rate decision 2023-09-20T04:00:00Z They helped offset an increase in energy prices on the back of higher crude oil prices. UK inflation in surprise fall in August, though Bank of England still set to raise rates 2023-09-19T04:00:00Z U.S. crude oil stockpiles fell last week by about 5.25 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday. Oil falls ahead of Fed rate policy announcement 2023-09-20T04:00:00Z Industry data on Tuesday showed U.S. crude oil stockpiles fell last week by about 5.25 million barrels, according to market sources citing American Petroleum Institute figures. Oil prices rise on concerns over tightening supply 2023-09-20T04:00:00Z Benchmark U.S. crude oil for October delivery fell 28 cents to $91.20 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-09-19T04:00:00Z In order to make all these bottles, manufacturers use 17 million barrels of crude oil. Plastic Pollution 2017-05-25T04:00:00Z A large oil tanker was unloading crude oil at a refinery when it was rocked by unusual waves, breaking an underwater oil pipe. Peru Works To Cleanup Oil Spill Caused by Volcano 2022-01-27T05:00:00Z "The market is starting to realize that wherever you look there are concerns about tight supply, whether it's crude oil, diesel or gasoline," Price Futures Group analyst Phil Flynn said. Oil prices hit 10-year highs on mounting supply concerns 2023-09-19T04:00:00Z Petrol and diesel prices have jumped in recent months, and further rises could lie ahead due to crude oil being the main component of fuel, motoring groups say. Global oil prices surge to 10-month high 2023-09-19T04:00:00Z Benchmark U.S. crude oil for October delivery rose 71 cents to $91.48 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-09-18T04:00:00Z These include sunflower, wheat, corn and rapeseed, as well as crude oil, meat, fruits and vegetables, milk, honey and dairy products. Farmers across Bulgaria protest against Ukrainian grain as EU divide grows 2023-09-18T04:00:00Z Gatecrashed by an alarming backup in crude oil prices, this week's dominant event may be less decisive than at first glance as the U.S. Morning Bid: Dot plots, oil blots and auto strikes 2023-09-18T04:00:00Z In other trading Monday, benchmark U.S. crude oil gained 52 cents to $91.29 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: 2023-09-17T04:00:00Z Benchmark U.S. crude oil for October delivery rose 61 cents to $90.77 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-09-15T04:00:00Z In energy markets, crude oil extended its rise in Asia trading, touching fresh highs since November. Asia stocks rally as China data buoys mood; dollar stays strong 2023-09-15T04:00:00Z The last of four men charged in a scheme to steal millions of dollars worth of crude oil in western North Dakota has been sentenced. Last defendant sentenced in North Dakota oil theft scheme 2023-09-14T04:00:00Z Chief among the irritants for the central banks has been the rebound in crude oil price and the fading annual base effects that have flattered headline disinflation progress this year. Morning Bid: Dot plots, oil blots and auto strikes 2023-09-18T04:00:00Z It once ranked as one of the world’s top three buyers of Iranian crude oil and was Tehran’s biggest customer in Asia of condensate, or ultra-light crude, according to S&P Global. Planned Iran-U.S. prisoner swap highlights Seoul’s role as $6 billion middleman 2023-09-14T04:00:00Z U.S. crude oil prices started rising in early summer after slipping or holding relatively steady for most of the year. Oil prices creep higher, raise inflation concerns 2023-09-14T04:00:00Z In other trading Thursday, U.S. benchmark crude oil added 56 cents to $89.07 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries 2023-09-13T04:00:00Z Authorities accused Garcia of being “the money link between the producer/marketer selling the stolen crude oil and the recruited drivers out stealing the crude oil,” according to court documents. Last defendant sentenced in North Dakota oil theft scheme 2023-09-14T04:00:00Z Benchmark U.S. crude oil for October delivery fell 32 cents to $88.52 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-09-13T04:00:00Z While it has been able to increasingly sell smuggled crude oil abroad, the Islamic Republic’s economy has cratered in the meantime along with the savings of its 80 million people. Analysis: Iran-US prisoner swap for billions reveals familiar limits of diplomacy between nations 2023-09-13T04:00:00Z Brent crude oil, the international pricing standard, picked up 15 cents to $92.21 a barrel. Stock market today: Asian shares slide after tech, rising oil prices drag Wall St lower 2023-09-12T04:00:00Z "And we will have areas where we will consolidate, because the existing energy system is one that is declining strongly," he said, adding crude oil capacity in Germany will drop further. BP commits to Germany with $11 billion low-carbon investment push 2023-09-13T04:00:00Z Moreover, the labour market remains tight by many measures and the climb in crude oil is a concern. Morning Bid: Will CPI fit the Fed-on-hold narrative? 2023-09-13T04:00:00Z The production of crude oil, Libya’s most valued export, has at times slowed to a trickle due to blockades and security threats to companies. How Libya’s chaos left its people vulnerable to deadly flooding 2023-09-12T04:00:00Z Recent elevated gasoline costs have been caused by higher crude oil prices, increased global demand, production cuts in the Middle East and heat waves limiting domestic refining capacity. U.S. on pace for record oil production despite Biden’s green agenda frustrating the energy industry 2023-09-12T04:00:00Z Energy companies were rising broadly as the price of crude oil climbed. WestRock, Exxon Mobil and GoDaddy rise; Oracle falls, Tuesday, 9/12/2023 2023-09-12T04:00:00Z Benchmark U.S. crude oil for October delivery fell 22 cents to $87.29 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-09-11T04:00:00Z The ECB sets rates on Thursday, and bets for a hike have been ramping up amid some hawkish comments from officials, along with the rally in crude oil prices . Morning Bid: China's weak property stocks set the pace 2023-09-11T04:00:00Z Crucially, the declaration did not mention any targets on reducing the use of crude oil, and instead focused on phasing out the use of coal. How India overcame bitter G20 divisions over Ukraine 2023-09-10T04:00:00Z Factory-gate deflation moderated in August due to improving demand for some industrial products and rising international crude oil prices, the statistics bureau said. China's deflation pressures ease, more steps expected to spur demand 2023-09-09T04:00:00Z Benchmark U.S. crude oil for October delivery rose 64 cents to $87.51 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-09-08T04:00:00Z Separately, the U.S. confirmed that it disrupted in April a multimillion-dollar shipment of crude oil by Iran's Islamic Revolutionary Guard Corps, seizing more than 980,000 barrels of contraband crude oil that violated U.S. sanctions. Oil prices up 1% to 9-month high on worries about tight supply 2023-09-08T04:00:00Z In other trading Friday, U.S. benchmark crude oil shed 41 cents to $86.46 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares weaken while Japan reports economy grew less than expected 2023-09-08T04:00:00Z China is the world's largest importers of crude oil, while Venezuela has the largest proven reserves. Venezuela's Maduro to visit China to re-engage amid China-West tensions 2023-09-08T04:00:00Z A bigger-than-expected draw in U.S. crude oil inventories lent muted support to oil prices. Oil prices ease on demand concerns, still headed for weekly gain 2023-09-08T04:00:00Z Brent crude oil is now higher than it was a year ago, the first time since January that year-on-year price changes have been positive. Morning bid: No Happy Friday feeling as gloom persists 2023-09-07T04:00:00Z U.S. demand, however, remained strong, as crude oil stockpiles drew down by 6.3 million barrels last week, falling for a fourth consecutive week and down over 6% in the last month, government data showed. Brent falls below $90/bbl, pausing rally, on weaker demand outlook 2023-09-07T04:00:00Z Benchmark U.S. crude oil for October delivery fell 67 cents to $86.87 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-09-07T04:00:00Z Helping support prices, U.S. crude oil inventories were projected to have fallen by 5.5 million barrels in the week ending Sept. 1, according to market sources citing American Petroleum Institute figures. Oil falls as concerns about China outweigh extended cuts 2023-09-07T04:00:00Z Annual changes in Brent crude oil prices, meantime, turned positive for the first time since January as spot prices climbed following this week's decision by Saudi Arabia and Russia to extend output cuts. Morning Bid: Transatlantic surprise gap opens up again 2023-09-07T04:00:00Z Early Thursday, U.S. benchmark crude oil was down 34 cents at $87.20 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares fall as China reports weaker global demand hit its trade in August 2023-09-06T04:00:00Z On the supportive front, U.S. crude oil inventories were projected to have fallen by 5.5 million barrels in the week ending Sept. 1, according to market sources citing American Petroleum Institute figures. Oil falls as China, winter demand worries offset boost from supply cuts 2023-09-07T04:00:00Z U.S. crude oil inventories were projected to fall by 5.5 million barrels in the week ending Sept. 1, according to market sources citing American Petroleum Institute figures released after market settlement. Oil prices edge up on anticipated US crude stock draw 2023-09-07T04:00:00Z Oil prices reversed early declines to end higher, as traders anticipated further draws on U.S. crude oil inventory. Stocks fall, dollar and yields up after US services data 2023-09-06T04:00:00Z Benchmark U.S. crude oil for October delivery rose 85 cents to $87.54 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-09-06T04:00:00Z "We have pretty low crude supplies in the U.S., with several weeks of big crude oil draws pushing prices up," said Bob Yawger, director of energy futures also at Mizuho. Oil prices up on expectations of U.S. crude draws and tight supply 2023-09-06T04:00:00Z Energy stocks rose along with crude oil prices after Saudi Arabia and Russia said they will extend their voluntary production cut of 1 million barrels of oil a day through the end of the year. Stock market today: Asian markets are mostly lower as oil prices push higher 2023-09-05T04:00:00Z With U.S. crude oil prices up more than 1% on Tuesday, Nolte also cited recent strength in oil prices as a damper to the Fed's efforts to push inflation back to 2%. Wall St slips as Treasury yields rise, oil prices boost energy sector 2023-09-05T04:00:00Z The announcement, carried by the state-run Saudi Press Agency, comes as the kingdom has been unilaterally cutting its output to try and boost sluggish crude oil prices. Saudi Arabia plans to extend 1 million barrel a day oil cut through the end of the year 2023-09-05T04:00:00Z Brent crude oil was up 2 cents to $88.57 a barrel. Stock market today: Asian shares surge after Wall St gains on signs the US jobs market is cooling 2023-09-03T04:00:00Z And all crude oil tanks will be required to be domed. Regulators require stricter controls to curb leaks from oil tanks 2023-09-02T04:00:00Z Early Wednesday, U.S. benchmark crude oil was up 1 cent at $86.70 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian markets are mostly lower as oil prices push higher 2023-09-05T04:00:00Z Commercial crude oil inventories have plunged by 34 million barrels since the middle of July. Oil set to snap two-week losing streak on tightening supplies 2023-09-01T04:00:00Z Six-month U.S. crude oil futures traded as low as $3.83 below crude for front month delivery , the steepest discount since Nov. 17, signalling tight supplies and encouraging inventory draws. US crude futures climb over $2 per barrel, notch third monthly hike 2023-08-31T04:00:00Z On Thursday, six-month U.S. crude oil futures traded as low as $3.83 below crude for front month delivery , the steepest discount since Nov. 17, signalling tight supplies and encouraging inventory draws. U.S. crude futures climb over $2 late in session 2023-08-31T04:00:00Z In energy markets, benchmark U.S. crude oil lost 1 cent to $81.62 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian markets lower after Japanese factory activity and China services weaken 2023-08-30T04:00:00Z Benchmark U.S. crude oil for October delivery rose 47 cents to $81.63 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-08-30T04:00:00Z While crude oil stockpiles drew, the API data showed that gasoline inventories rose by about 1.4 million barrels and distillate fuels, including diesel and jet fuel, rose by about 2.5 million barrels. Oil prices rise on large US stockpile draw, hurricane jitters 2023-08-30T04:00:00Z U.S. crude oil inventories are expected to have dropped by 3.3 million barrels in the latest week, according to an extended Reuters poll on Tuesday. Oil rises 1% on softer dollar, US braces for hurricane hit 2023-08-29T04:00:00Z U.S. crude oil inventories are expected to have dropped in the latest week, according to a preliminary Reuters poll on Monday. Oil rises as Hurricane Idalia threatens to hit tight supplies 2023-08-29T04:00:00Z Benchmark U.S. crude oil for October delivery rose 27 cents to $80.10 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-08-28T04:00:00Z Chinese refiners overall benefited from cheap crude oil supplies from Iran, Venezuela and Russia, as Western sanctions forced those producers to sell oil at deep discounts to keep revenue flowing. China's Sinopec's interim profit down 20.1% on lower oil prices 2023-08-27T04:00:00Z In bilateral talks between India and EU officials, EU officials raised the issue of exports of refined oil processed by India from Russian crude oil, which partly defeated the purpose of sanctions, he added. EU's Dombrovskis asks Russia to renew Black Sea grain deal 2023-08-26T04:00:00Z Benchmark U.S. crude oil for October delivery rose 78 cents to $79.83 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-08-25T04:00:00Z Talks between Turkey and Iraq's semi-autonomous Kurdistan regional government on northern Iraqi crude oil exports are set to continue after officials failed to reach agreement this week on a resumption of exports. Oil gains 1% as investors await Fed's Powell speech 2023-08-25T04:00:00Z Further weighing on market sentiment, U.S. officials are drafting a proposal that would ease sanctions on Venezuela's oil sector, allowing more companies and countries to import its crude oil. Oil set for 2nd weekly fall on firm dollar as supply worries ebb 2023-08-25T04:00:00Z Iran's crude oil output will reach 3.4 million bpd by the end of September, the country's oil minister was quoted as saying by state media, even though U.S. sanctions remain in place. Oil heads for weekly fall on demand worries, dollar strength 2023-08-25T04:00:00Z Benchmark U.S. crude oil for October delivery rose 16 cents to $79.05 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-08-24T04:00:00Z “Over the past two years, exports to Africa of Russian crude oil, petroleum products and liquefied natural gas have increased by 2.6 times,” he said. Putin to BRICS: Russia is 'reliable partner' for Africa on food, fuel supplies 2023-08-24T04:00:00Z Elsewhere, U.S. officials are drafting a proposal that would ease sanctions on Venezuela's oil sector, paving the way for more companies and countries to import its crude oil. Oil gains 1% as investors await Fed's Powell speech 2023-08-25T04:00:00Z The derailment marked the third large petroleum spill into the Yellowstone in recent years, following ruptures of crude oil pipelines that crossed beneath the river in 2011 near Laurel, Montana, and in 2015 near Glendive. Petroleum asphalt remains in Yellowstone River, even after cleanup from train derailment 2023-08-23T04:00:00Z Benchmark U.S. crude oil for October delivery fell 75 cents to $78.89 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-08-23T04:00:00Z According to a report shared by the agency, Liberia-flagged crude oil tanker Guanyin had an engine failure at the strait's northern entrance and two tugs were dispatched for assistance. Traffic in Istanbul's Bosphorus Strait halted due to a ship's engine failure 2023-08-23T04:00:00Z Input prices rose at the fastest pace in three months, with firms citing higher crude oil prices. Japan's factory activity shrinks at slower pace in Aug - PMI 2023-08-23T04:00:00Z A preliminary Reuters poll showed that crude oil and gasoline inventories were expected to have fallen last week, with data from American Petroleum Institute due later on Tuesday. Oil prices settle lower on nagging worries about Chinese demand 2023-08-22T04:00:00Z Benchmark U.S. crude oil for September delivery fell 37 cents to $80.35 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-08-22T04:00:00Z A preliminary Reuters poll showed crude oil and gasoline inventories were expected to have fallen last week, with data from American Petroleum Institute due later on Tuesday. Oil steadies as China woes persist 2023-08-22T04:00:00Z U.S. crude oil and gasoline inventories were expected to have fallen last week, a preliminary Reuters poll showed, as the American Petroleum Institute industry group is due to release data later on Tuesday. Oil up on expected U.S. oil stock drawdown, but China gloom tempers gain 2023-08-22T04:00:00Z Benchmark U.S. crude oil for September delivery fell 53 cents to $80.72 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-08-21T04:00:00Z China's crude oil imports from Saudi Arabia are expected to remain depressed through the third quarter, analysts said. US, Brent crude futures stabilize after negative turn 2023-08-21T04:00:00Z It relies on the Middle East for more than 90% of its crude oil. Japan plans meeting with GCC foreign ministers in Sept - Kyodo 2023-08-20T04:00:00Z The Japanese side is also expected to emphasise safety in the Strait of Hormuz, the main artery for crude oil transportation and the route for most of the crude oil coming to Japan, Kyodo said. Japan, Iran leaders to meet in Sept in New York - Kyodo 2023-08-20T04:00:00Z Benchmark U.S. crude oil for September delivery rose 86 cents to $81.25 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-08-18T04:00:00Z Data showed that U.S. crude oil inventories fell by nearly 6 million barrels last week on strong exports and refining run rates. Oil's 7-week winning streak at risk from China economy jitters 2023-08-18T04:00:00Z "Almost all refineries in China are designed to process mainly medium sour crude oil," said a Chinese oil trader, adding that tight supply would depress margins at Chinese refineries already struggling with tepid product demand. Analysis: Asia's refiners face profit crunch as Kuwait cuts crude exports 2023-08-18T04:00:00Z Despite recent economic weaknesses, China made a rare draw on crude oil inventories in July, the first time in 33 months it has dipped into storage. Oil set to snap 7-week winning streak on Fed rate outlook, China woes 2023-08-18T04:00:00Z However, China made a rare draw on crude oil inventories in July, the first time in 33 months it has dipped into storage. Oil set to snap 7-week winning streak on China woes, Fed rate outlook 2023-08-18T04:00:00Z On a bullish note, China made a rare draw on crude oil inventories in July, the first time in 33 months it has dipped into storage. Oil rises as China seeks to soothe economic woes; strong travel demand 2023-08-17T04:00:00Z China also made a rare draw on crude oil inventories in July, the first time in 33 months it has dipped into storage. Oil's 7-week winning streak at risk from China economy jitters 2023-08-18T04:00:00Z On a more bullish note, China made a rare draw on crude oil inventories in July, the first time in 33 months that it has dipped into storage. Oil rises as China seeks to soothe economic woes 2023-08-17T04:00:00Z On a more bullish note, China made a rare draw on crude oil inventories in July, the first time in 33 months that it had dipped into storage. Oil edges up as China seeks to calm economic fears 2023-08-17T04:00:00Z Data released this week also showed that U.S. crude oil inventories fell by nearly 6 million barrels last week on strong exports and refining run rates. Oil set to snap 7-week winning streak on China woes, Fed rate outlook 2023-08-18T04:00:00Z Tens of thousands of kilometers of pipes lie at its bottom, where crude oil leaks and system failures are frequent. Pollution in Venezuela’s Lake Maracaibo threatens life in one of the world’s oldest lakes 2023-08-16T04:00:00Z Benchmark U.S. crude oil for September delivery fell 68 cents to $82.51 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-08-14T04:00:00Z Brent crude oil, a global benchmark for Russia’s main export, was down 0.7% at $86.24 a barrel, not far from a more than seven-month high hit last week, but the rouble has struggled to benefit. Russian stocks retreat from pre-invasion high as rouble rebounds 2023-08-14T04:00:00Z Data released on Wednesday showed that U.S. crude oil inventories fell by nearly 6 million barrels last week on strong exports and refining run rates. Oil edges up as China seeks to calm economic fears 2023-08-17T04:00:00Z Fuel prices in the UK move together with changes in the price of crude oil - which it is made from. Petrol prices: Why are they going back up? 2023-08-14T04:00:00Z About a fifth of the world's crude oil and oil products pass through the Strait of Hormuz, a choke point between Iran and Oman at the mouth of the Gulf. U.S.-led naval group warns ships to avoid Iranian waters to avoid seizure 2023-08-13T04:00:00Z Anything affecting it ripples through global energy markets, potentially raising the price of crude oil. Shippers warned to stay away from Iranian waters over seizure threat as U.S.-Iran tensions high 2023-08-12T04:00:00Z Benchmark U.S. crude oil for September delivery rose 37 cents to $83.19 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-08-11T04:00:00Z However, a climb in crude oil prices , which settled at its highest since January overnight, has clouded the outlook, according to IG market analyst Tony Sycamore. Dollar in holding pattern as US inflation test looms; PBOC supports yuan 2023-08-10T04:00:00Z They are also affected by the exchange rate between the pound and dollar, as crude oil is traded in dollars. Petrol prices: Why are they going back up? 2023-08-14T04:00:00Z Chinese data on Tuesday showed crude oil imports in July fell 18.8% from the previous month to their lowest daily rate since January. Oil prices fall as China woes offset boost from high US fuel demand 2023-08-10T04:00:00Z U.S. crude oil stocks rose last week, while gasoline and distillate stockpiles dropped, according to market sources citing American Petroleum Institute figures on Tuesday. Oil prices ease as bearish China data fuels demand concerns 2023-08-09T04:00:00Z Benchmark U.S. crude oil for September delivery rose 98 cents to $82.92 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-08-08T04:00:00Z Benchmark U.S. crude oil for September delivery fell 88 cents to $81.94 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-08-07T04:00:00Z Each year, Mattel produces roughly 60 million Barbie dolls using a variety of plastics, which are derived from crude oil and manufactured in facilities in China and Mexico. Plastic-free Barbie was a hoax, but pollution from the iconic doll is real 2023-08-07T04:00:00Z In an earnings report filed with the Saudi stock exchange Monday, Aramco said the decrease “mainly reflected the impact of lower crude oil prices and weakening refining and chemicals margins.” Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year 2023-08-07T04:00:00Z "It is the main line that transports crude oil from sea deliveries to the west. Repair work on the oil pipeline is currently underway. The expected time for pumping to resume is Tuesday morning." Poland hopes to fix leak in Russia's Druzhba oil pipeline by Tuesday 2023-08-06T04:00:00Z About a fifth of the world's crude oil passes through the Strait of Hormuz between Iran and Oman. Iran boosts navy with missiles, drones as US offers guards for Gulf ships 2023-08-05T04:00:00Z The country's economy is predominantly reliant on crude oil sales but was ravaged by a 2013-2018 civil war that erupted soon after it achieved independence from Sudan in 2011. South Sudan's Kiir fires finance minister in latest abrupt cabinet change 2023-08-04T04:00:00Z But while the state produces about half as much crude oil each day as it did in the 2000s, it is still also among the top oil producers in the country, according to the U.S. California Supreme Court says county can’t enforce new oil ban 2023-08-03T04:00:00Z In the U.S., gasoline prices are highly dependent on crude oil — which has also climbed over recent weeks. Gas prices are rising (again). The heat and supply cuts impact what you pay at the pump, experts say 2023-08-03T04:00:00Z The total capacity of the western section of both lines that carry oil from central Poland to Germany is 27 million tonnes of crude oil per year. Poland hopes to fix leak in Russia's Druzhba oil pipeline by Tuesday 2023-08-06T04:00:00Z About a fifth of the world's crude oil and oil products passes through the Strait of Hormuz. U.S. could offer armed troops to commercial vessels in Strait of Hormuz- officials 2023-08-03T04:00:00Z Those Marines and sailors could provide the backbone for any armed guard mission in the strait, through which 20% of all the world’s crude oil passes. US military may put armed troops on commercial ships in Strait of Hormuz to stop Iran seizures 2023-08-03T04:00:00Z The price for the oil purchase was not announced, but benchmark West Texas Intermediate crude oil was selling at about $74 per barrel when the transaction was approved. Biden delays plans to restock nation’s emergency oil reserve 2023-08-02T04:00:00Z The deal was announced in October last year on the heels of an uptick in interest in nuclear power amid an energy crisis in Europe and soaring crude oil and natural gas prices. UK regulator probes Cameco, Brookfield Renewable's $7.9 bln Westinghouse deal 2023-08-02T04:00:00Z In the U.S., gasoline prices are highly dependent on crude oil. Why are gas prices rising? Experts point to extreme heat and oil production cuts 2023-08-02T04:00:00Z Oil prices gained on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last week in U.S. crude oil inventories. Stocks fall, Treasuries gain after Fitch downgrades US rating 2023-08-02T04:00:00Z Benchmark U.S. crude oil for September delivery fell 43 cents to $81.37 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-08-01T04:00:00Z That was partially offset by higher revenues from increased volumes on its natural gas liquids, natural gas and crude oil businesses, it said. Enterprise reports lower Q2 earnings as margins tighten 2023-08-01T04:00:00Z It also serves as a warning to the U.S. and its allies that the Islamic Republic has the means to retaliate, particularly as American sanctions result in the seizure of ships carrying Iranian crude oil. Analysis: Buildup of American forces in Persian Gulf a new signal of worsening US-Iran conflict 2023-07-31T04:00:00Z In other trading on Monday, U.S. benchmark crude oil gave up 42 cents to $80.16 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asia shares gain after Wall St rally as investors pin hopes on China stimulus 2023-07-30T04:00:00Z Benchmark U.S. crude oil for September delivery rose 49 cents to $80.58 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-07-28T04:00:00Z In other trading Friday, U.S. benchmark crude oil shed 21 cents to $79.88 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mixed, Tokyo falls as Bank of Japan adjusts bond purchase policy 2023-07-27T04:00:00Z In other trading Thursday, U.S. benchmark crude oil gained 60 cents to $79.38 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares advance after the Federal Reserve raises interest rates 2023-07-27T04:00:00Z Both Shell and TotalEnergies had flagged shrinking profit from refining crude oil into fuel and chemicals in the quarter. Shell, TotalEnergies profits slump as oil, gas prices cool after bumper 2022 2023-07-27T04:00:00Z Benchmark U.S. crude oil for September delivery fell 85 cents to $78.78 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-07-26T04:00:00Z Benchmark U.S. crude oil for September delivery rose 89 cents to $79.63 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-07-25T04:00:00Z In other trading Monday, U.S. benchmark crude oil slid 14 cents to $76.93 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly higher after winning week on Wall Street 2023-07-23T04:00:00Z This includes an annual cap of its imports of refined petroleum and crude oil, imposed in 2017. Exclusive: G7, others ask China to stop North Korea sanctions evasion in its waters 2023-07-21T04:00:00Z The derailment marked the Yellowstone’s third large petroleum spill in recent years, following crude oil pipeline breaks in 2011 and 2015. Tar balls are being found 100 miles downstream from Yellowstone River train derailment 2023-07-21T04:00:00Z In other trading Friday, U.S. benchmark crude oil gained 63 cents to $76.28 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares are mixed as investors weigh weakness in the tech sector 2023-07-20T04:00:00Z Benchmark U.S. crude oil for August delivery rose 28 cents to $75.63 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-07-20T04:00:00Z The route is also used for exports of crude oil, fuel oil and liquefied natural gas. Russia lifts restrictions for cargo vessels transiting Kerch Strait 2023-07-20T04:00:00Z A whole king fetches five times as much as a barrel of crude oil, Alaska’s other chief export. Starving orcas and the fate of Alaska’s disappearing king salmon 2023-07-19T04:00:00Z Benchmark U.S. crude oil for August delivery fell 40 cents to $75.35 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-07-19T04:00:00Z Brent crude oil, the pricing basis for international trading, rose 62 cents to $80.26 a barrel. Stock market today: Asian shares are mixed as investors weigh weakness in the tech sector 2023-07-20T04:00:00Z The Brent crude oil benchmark hovered above $80 a barrel on Wednesday, buoyed by China's pledge to reinvigorate economic growth and expectations that the U.S. WHO says contaminated cough and cold syrup sold in Cameroon 2023-07-19T04:00:00Z Islamabad has been building ties with Moscow and has recently begun importing discounted Russian crude oil to meet its local demands and save on foreign exchange reserves. Ukraine FM Dmytro Kuleba to visit Pakistan - statement 2023-07-19T04:00:00Z Brent crude oil futures were steady at $79.64 a barrel after gaining overnight. Asia stocks split as US-China outlooks diverge 2023-07-19T04:00:00Z U.S. crude oil, gasoline and distillate inventories all fell last week, according to market sources citing figures by American Petroleum Institute, an industry group, on Tuesday, with crude stocks down by about 800,000 barrels. Oil prices up on China economic support pledge, tighter supply 2023-07-19T04:00:00Z Global oil prices rose on Wednesday, boosted by China's pledge to support economic growth, tighter supply from Russia and on lower weekly U.S. crude oil inventories. Fed's last rate hike coming at July meeting, economists say 2023-07-19T04:00:00Z Investors awaited industry data later on Tuesday that was expected to show U.S. crude oil stockpiles and product inventories likely fell last week. Oil prices inch up as US crude supplies seen tightening 2023-07-18T04:00:00Z About a fifth of the world's crude oil and oil products passes through the Strait of Hormuz, a choke point between Iran and Oman. US to send additional jets, warship to Middle East 2023-07-17T04:00:00Z It imports more than 75% of its crude oil from Saudi Arabia and the United Arab Emirates. Japan’s prime minister visits the UAE as part of a Gulf trip focused on energy and commerce 2023-07-17T04:00:00Z Energy Information Administration later on Wednesday which is expected to show further a drawdown in U.S. crude oil inventories, providing some more support to prices, ANZ's note added. Oil prices up on China economic support pledge, tighter supply 2023-07-19T04:00:00Z U.S. futures and crude oil prices were lower. Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q 2023-07-16T04:00:00Z Falling crude oil and natural gas prices have been among the biggest drags on the sector. Energy sector left behind as Wall Street exits bear market 2023-07-14T04:00:00Z Gold was poised for its best week in three months as the dollar floundered, while crude oil rose to the highest in nearly three months. Asia stocks set for best week of 2023, dollar reels on dovish Fed bets 2023-07-14T04:00:00Z Separately, Shell has suspended loadings of Nigeria's Forcados crude oil due to a potential leak at a terminal. Oil prices up on tighter supply, lower US inflation 2023-07-14T04:00:00Z Benchmark U.S. crude oil for August delivery rose 92 cents to $75.75 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-07-12T04:00:00Z In other trading Monday, U.S. benchmark crude oil lost 65 cents to $74.76 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q 2023-07-16T04:00:00Z Lower crude oil prices have eased pressure on inflation, which has been cooling for months. Energy sector left behind as Wall Street exits bear market 2023-07-14T04:00:00Z But oil capacity in pipelines is dwindling, with rail emerging as a popular means of moving crude oil. In the wake of the East Palestine disaster, other train towns wonder: Are we next? 2023-07-12T04:00:00Z The oilfield resources company gained ground along with rising prices for crude oil. WD-40, Payoneer Global rise; Viridian, Equitrans fall, Tuesday, 7/11/2023 2023-07-11T04:00:00Z Analysts say those ships often transfer their oil to other ships, that then sell the crude oil under false pretenses. Indonesia seizes Iranian tanker for suspected illegal oil transfer in its territorial waters 2023-07-12T04:00:00Z In other trading Wednesday, benchmark U.S. crude oil gained was unchanged at $74.83 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares are mixed ahead of an update on US consumer prices 2023-07-12T04:00:00Z Benchmark U.S. crude oil for August delivery fell 87 cents to $72.99 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-07-10T04:00:00Z Between 2010 and 2014, oil by rail topped almost 1 million barrels a day, which represented 10 percent of American crude oil at the time. In the wake of the East Palestine disaster, other train towns wonder: Are we next? 2023-07-12T04:00:00Z Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June. Modelo Especial tops Bud Light as most-sold US beer for second consecutive month 2023-07-10T04:00:00Z Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June. Hyundai launches small SUV in India to boost share as rivals gain ground 2023-07-10T04:00:00Z Brent crude oil, the price basis for international trading, was up 3 cents at $79.43 a barrel. Stock market today: Asian shares are mixed ahead of an update on US consumer prices 2023-07-12T04:00:00Z Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June. Airbus opens new assembly line for small jets in A380's shadow 2023-07-10T04:00:00Z The expansion is estimated to ship 4.6 billion gallons of waxy crude oil per year through Colorado, a hundred miles of which would run right beside the river. In the wake of the East Palestine disaster, other train towns wonder: Are we next? 2023-07-12T04:00:00Z In other trading Monday, U.S. benchmark crude oil fell 52 cents to $73.34 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares are mixed on signs of slowing growth in the US and China 2023-07-09T04:00:00Z But the accident was also a wake-up call for regulators about the inadequacy of rules for tank cars that ferry crude oil and other flammable goods around the continent. After deadly oil train wreck, change comes slowly for devastated city 2023-07-07T04:00:00Z In other trading Friday, U.S. benchmark crude oil added 33 cents to $72.13 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares fall as strong US data dash hopes for an end to rate hikes 2023-07-06T04:00:00Z Benchmark U.S. crude oil for August delivery rose 1 cent to $71.80 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-07-06T04:00:00Z In other trading, U.S. benchmark crude oil shed 9 cents to $71.70 a barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian markets extend losses after Wall Street drifts lower 2023-07-05T04:00:00Z About a fifth of the world's supply of seaborne crude oil and oil products passes through the Strait of Hormuz, a choke point between Iran and Oman, according to data from analytics firm Vortexa. Iran says it obtained court order for the seizure of Richmond Voyager -IRINN 2023-07-06T04:00:00Z Many of the incidents have occurred in and around the Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all crude oil passes. Iran tried to seize 2 oil tankers near Strait of Hormuz and fired shots at one of them, US Navy says 2023-07-05T04:00:00Z About a fifth of the world's supply of crude oil and oil products passes through the Strait of Hormuz, a choke point between Iran and Oman, according to data from analytics firm Vortexa. Shots fired at oil tanker in Gulf - maritime security body 2023-07-05T04:00:00Z The global industrial picture saw crude oil prices slip back again on Wednesday despite fresh attempts by Saudi Arabia and Russia this week to further limit supplies. Morning Bid: Minutes meted, China crunch 2023-07-05T04:00:00Z However, of most interest to Jorge and the other waiting drivers is an agreement for Russia to provide around 30,000 barrels of crude oil a day. Crippling fuel crisis turns Cuba to old friend Russia 2023-07-04T04:00:00Z Benchmark U.S. crude oil for August delivery fell 85 cents to $69.79 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-07-03T04:00:00Z Benchmark U.S. crude oil for August delivery rose 78 cents to $70.64 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-06-30T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was unchanged at $74.34 a barrel. Rouble sinks to over 15-month low vs dollar on political risk concerns 2023-06-30T04:00:00Z She said that led to on-site inspections in late December 2019 at installations of tanks that receive crude oil from the wells. New Mexico regulators fine oil producer $40 million for burning off vast amounts of natural gas 2023-06-29T04:00:00Z Benchmark U.S. crude oil for August delivery rose 30 cents to $69.86 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-06-29T04:00:00Z There's the immediate fallout for commodity markets from crude oil to grains, the most sensitive to domestic changes in Russia. What could break as interest rates rise? 2023-06-29T04:00:00Z The Biden administration issued a ban last March on purchasing crude oil and other petroleum products directly from Russia, immediately following the Kremlin’s invasion of Ukraine. Opposition Grows to U.S. Imports of Refined Russian Oil 2023-06-29T04:00:00Z Five countries — Saudi Arabia, Russia, Iraq, United Arab Emirates and Oman — supplied more than 60% of China’s crude oil imports last year. House bill directs Pentagon to study wartime naval blockade of China 2023-06-27T04:00:00Z China is Russia's top trading partner, with Beijing exporting everything from automobiles to smartphones and receiving cheap Russian crude oil that faces sanctions in much of the rest of the world. Wagner mutiny exposes risks for China's deep Russian ties 2023-06-27T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Poland to build Abrams tank service centre in Poznan 2023-06-26T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Saudi Aramco sees 'sound' oil outlook for H2 on China, India demand 2023-06-26T04:00:00Z This activity is legal: Once Russian crude oil has been “substantially transformed” by being refined in another country, it legally ceases to be Russian. Opposition Grows to U.S. Imports of Refined Russian Oil 2023-06-29T04:00:00Z Beijing has stepped up imports of discounted Russian crude oil since Moscow’s February 2022 invasion of Ukraine. House bill directs Pentagon to study wartime naval blockade of China 2023-06-27T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Spirit Aero flags progress in talks with the union 2023-06-26T04:00:00Z India, the world’s most populous country, is one of the top five importers of Egyptian products, including crude oil and liquefied natural gas, salt, cotton, inorganic chemicals, and oilseeds. Egypt’s president gives highest honor to visiting Indian prime minister amid improving ties 2023-06-25T04:00:00Z "We should start seeing classic risk-off dynamics on Sunday night such as global equity futures lower, crude oil higher, treasury prices higher." Russia turmoil to fuel market volatility, flight to safety 2023-06-25T04:00:00Z To block these flows, Global Witness proposes banning all imports from refineries that purchase Russian crude oil. Opposition Grows to U.S. Imports of Refined Russian Oil 2023-06-29T04:00:00Z India is one of the top five importers of Egyptian products, including crude oil and liquefied natural gas, salt, cotton, inorganic chemicals and oilseeds. Indian Prime Minister Modi arrives in Egypt on a two-day visit to strengthen ties 2023-06-24T04:00:00Z Benchmark U.S. crude oil for August delivery fell 35 cents to $69.16 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-06-23T04:00:00Z In other trading Friday, U.S. benchmark crude oil shed 59 cents to $68.92 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares sink as central banks crank interest rates still higher 2023-06-23T04:00:00Z Stockpiles at Cushing, the delivery point for U.S. crude oil futures, have climbed for eight consecutive weeks after falling earlier this year. U.S. oil stocks at Cushing delivery hub hit 2-year peak 2023-06-22T04:00:00Z And in the first five months of the year, the group estimated, 35 percent of the crude oil arriving at the port was of Russian origin. Opposition Grows to U.S. Imports of Refined Russian Oil 2023-06-29T04:00:00Z By staying neutral in the war in Ukraine, India has profited: It has emerged as a primary buyer of Russia’s crude oil, which it refines and exports. The Politics of Class 2023-06-22T04:00:00Z Worries about the global economy dragged lower prices for crude oil and the stocks of companies that pull it from the ground. Stock market today: Asian shares mostly lower, tracking Wall Street retreat 2023-06-21T04:00:00Z But the US has softened its stance in recent months - it has even overlooked India's continuous purchase of crude oil from Russia. Modi in US: Why Washington is rolling out the red carpet for Indian PM 2023-06-20T04:00:00Z However, challenges remain, like the potential for crude oil prices to remain low. World Expo 2030 sees battling bids from cities in Saudi Arabia, Italy, South Korea 2023-06-20T04:00:00Z Portfolio investors are rotating positions from crude oil to middle distillates – anticipating that the low level of distillate inventories will keep prices relatively firm even if the global economy and petroleum consumption slow. IMF working on global central bank digital currency platform 2023-06-19T04:00:00Z Russia may account for almost a third of Indian Oil's crude oil imports in the current financial year, an executive at the company said on Saturday. Boeing to lift 737 MAX output to 38/month 'pretty soon' 2023-06-18T04:00:00Z In other trading Wednesday, U.S. benchmark crude oil rose 20 cents to $71.39 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares mostly lower, tracking Wall Street retreat 2023-06-21T04:00:00Z Africa’s second biggest crude oil producer earlier this month joined its larger continental rival Nigeria in reducing gasoline subsidies, almost doubling pump prizes and triggering protests. Angola fuel hike protesters clash with police 2023-06-17T04:00:00Z The southern branch of the Soviet-era Druzhba pipeline crosses Ukraine and, despite the conflict there, continues to supply crude oil to Hungary, Slovakia and the Czech Republic. Russia repels Ukrainian drone attack on Druzhba oil pipeline station, governor says 2023-06-17T04:00:00Z World crude oil production, the primary driver of economic growth, peaked at the end of 2018 with volatile prices remaining high and certain to increase in coming years as reserves of cheaply extracted oil dwindle. Airport growth: ‘Grim global trends’ 2023-06-16T04:00:00Z A significant breakthrough in China's efforts to promote use of the yuan came this month, when Pakistan paid for its first government-to-government import of discounted Russian crude oil in yuan. China takes next step in currency globalization, with some HK stocks priced in yuan 2023-06-16T04:00:00Z In other trading Friday, U.S. benchmark crude oil added 13 cents to $70.75 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares track Wall Street rally, Tokyo’s benchmark at 33-year high 2023-06-15T04:00:00Z In another bearish sign on oil demand, U.S. crude oil stocks rose by about 8 million barrels in the week ended June 9, according to data from the Energy Information Administration. Oil prices tick up as markets look to key Chinese economic data 2023-06-15T04:00:00Z Pakistan's Prime Minister Shehbaz Sharif on Sunday said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi. Swiss regulator welcomes UBS's strategic focus 2023-06-12T04:00:00Z “If we start getting one-third of our crude oil from Russia, then there will be a big difference in prices and its effect will reach people’s pockets,” Malik said. Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia 2023-06-12T04:00:00Z But along with easing supply chain pressures and annual crude oil price deflation still near 40%, there was enough to restore hopes that central bank tightening is gaining traction and further extreme moves unnecessary. Morning Bid: Wall St 'bull', China deflation 2023-06-09T04:00:00Z Benchmark U.S. crude oil for July delivery fell 41 cents to $71.74 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-06-06T04:00:00Z Benchmark U.S. crude oil for July delivery rose 79 cents to $72.53 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-06-07T04:00:00Z Turkey’s $900 billion economy has taken a beating, and the falling currency makes everything the country imports — from medicine to crude oil — more expensive. Turkey’s Lira Falls to New Low as a New Economic Policy Forms 2023-06-07T04:00:00Z U.S. crude oil inventories fell by about 1.7 million barrels last week, while fuel inventories rose, according to market sources citing American Petroleum Institute figures on Tuesday. Oil prices steady as fears over supply tightness counter demand woes 2023-06-07T04:00:00Z Riyadh has clashed repeatedly with President Joe Biden on its supply of crude oil to global markets, its willingness to partner with Russia in OPEC+ and reaching a détente with Iran mediated by China. U.S. Secretary of State Antony Blinken arrives in Saudi Arabia to meet Crown Prince Mohammed 2023-06-06T04:00:00Z The kingdom has been pouring hundreds of billions of dollars into transforming and opening its economy to reduce dependence on crude oil. Blinken heads to Saudi Arabia amid strained ties, Israel normalization in mind 2023-06-06T04:00:00Z The Canadian dollar proved resilient, buoyed by a spike in crude oil prices. Dollar edges up as US rates seen higher for longer 2023-06-05T04:00:00Z Opec+ accounts for around 40% of the world's crude oil and its decisions can have a major impact on oil prices. Oil production to drop after Opec+ nations meet 2023-06-04T04:00:00Z The three tankers known to carry crude oil began their 13 journeys at the Russian port of Kozmino, even as they pretended to be off the coast of Japan. ‘Spoofing’ and U.S. insurers: How a ghost fleet moves Russian oil 2023-06-03T04:00:00Z For inflation watchers, annual crude oil price declines are still running at more than 30%. Morning Bid: Jubilant markets eye jobs in June jump 2023-06-02T04:00:00Z West Texas Intermediate and Brent crude oil prices have declined in each of the past five months. Investors Exhale as Debt Limit Deal Clears a Big Hurdle 2023-06-01T04:00:00Z U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday. Oil falls after large surprise build in US crude stocks 2023-06-01T04:00:00Z New Delhi has frustrated Washington by participating in military exercises with Russia and increasing purchases of the country's crude oil, a key source of funding for Moscow's war in Ukraine. Exclusive: US set to allow GE to make engines in India for New Delhi's military jets 2023-05-31T04:00:00Z Satellite and social media imagery, along with customs data, shows that the tankers loaded cargo from a terminal used solely for crude oil from the Eastern Siberia-Pacific Ocean pipeline known as ESPO. ‘Spoofing’ and U.S. insurers: How a ghost fleet moves Russian oil 2023-06-03T04:00:00Z The cost for crude oil is currently at $73 a barrel, which she said will likely keep prices significantly below 2022 prices. Summer gas prices are expected to remain high. Blame a rise in travel demand 2023-05-31T04:00:00Z Also pressured by the Chinese news, crude oil prices are now falling at an annual rate of more than 40% for the first time since the depth of the pandemic in June 2020. Morning Bid: China factory fright, dollar surges 2023-05-31T04:00:00Z With fracking, companies use deep wells to shoot highly pressurized water, sand and chemicals to split open and widen cracks in underground rock formations, releasing gas or crude oil trapped within those formations. Could the rush for lithium near California’s Salton Sea trigger earthquakes? 2023-05-30T04:00:00Z In other trading Monday, U.S. benchmark crude oil added 14 cents to $72.81 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt 2023-05-28T04:00:00Z New Mexico crude oil production was about 20 times higher than that of Kansas last year, according to the U.S. US offers oil and gas drilling rights in first auction since Biden's IRA 2023-05-25T04:00:00Z “As long as crude oil prices are below $80 a barrel, gas prices shouldn’t go as high as they went last year.” Summer gas prices are expected to remain high. Blame a rise in travel demand 2023-05-31T04:00:00Z In other trading Thursday, benchmark U.S. crude oil dropped 38 cents to $73.96 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares extend losses, while Japan’s Nikkei pushes higher 2023-05-25T04:00:00Z Oil was also supported by an unexpected, massive fall in U.S. crude oil inventories in the week to May 19, reported by the Energy Information Administration on Wednesday. Oil prices fall on US debt uncertainty 2023-05-25T04:00:00Z Industry data late Tuesday showed U.S. crude oil and fuel inventories fell sharply. Oil prices rise on concerns over tightening supply 2023-05-24T04:00:00Z Benchmark U.S. crude oil for July delivery rose 86 cents to $72.91 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-05-23T04:00:00Z The Marshall Islands-flagged ship had been chartered by Chevron, on its way to Houston from Kuwait, and according to Lloyd’s List, which tracks shipping, was carrying 750,000 barrels of crude oil. U.S. Navy Steps Up Efforts to Curb Iran’s Ship Seizures in Strait of Hormuz 2023-05-23T04:00:00Z The refinery is a small crude oil refinery that stores waste produced during refining operations, according to Oklahoma Department of Environmental Quality records. 2 employees injured in fire at refinery in southern Oklahoma 2023-05-23T04:00:00Z Department of Energy said it would buy 3 million barrels of crude oil to replenish the SPR for delivery in August. Oil prices rise on outlook for higher gasoline demand, tighter supply 2023-05-23T04:00:00Z Benchmark U.S. crude oil for June delivery rose 44 cents to $71.99 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-05-22T04:00:00Z Refiners, meanwhile, saw decreased profit margins from more expensive crude oil but could not pass along the cost increases to consumers “because gasoline prices are largely determined on the global market.” Democrats resurrect fossil fuels export ban that analysts fear would hike energy prices 2023-05-18T04:00:00Z The revision does not affect the EIA's historical estimated crude oil production in the Permian because "operators had already submitted their crude oil production to states," the EIA said. US sharply raises shale oil drilling count but not output forecast 2023-05-17T04:00:00Z Overall, the 10,750-acre oil field produces less than 3% of the crude oil consumed each year in California, officials said, with much of the rest imported from other countries. Chevron scrambles to batten down oil fields amid threat of Kern River flooding 2023-05-17T04:00:00Z Emerging research is showing the toxicity of tyres, which on average contain about 200 components and chemicals, often derived from crude oil. Tyre-makers under pressure as too much rubber hits the road 2023-05-17T04:00:00Z Benchmark U.S. crude oil for June delivery fell 25 cents to $70.86 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-05-16T04:00:00Z In other trading Tuesday, U.S. benchmark crude oil slipped 13 cents to $70.98 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Wall Street opens lower as Home Depot weighs on retailers 2023-05-16T04:00:00Z That company has plans to boost its production of both crude oil and natural gas, fossil fuels that produce more of the heat-trapping carbon dioxide that the U.N. negotiations hope to limit. Returning to the Arab fold, Syria’s president invited to UAE-hosted COP28 climate 2023-05-16T04:00:00Z Department of Energy said on Monday it would buy 3 million barrels of crude oil for the SPR for delivery in August, and asked that offers be submitted by May 31. Oil prices extend gains on US plans to refill reserve, Canada's wildfires 2023-05-16T04:00:00Z In Washington, 44 million tons of hazardous materials are transported in the state each year by rail, including 4 million gallons of crude oil. Railway Safety Act will help protect communities | Editorial 2023-05-15T04:00:00Z Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the Strategic Petroleum Reserve for delivery in August, and asked that offers be submitted by May 31. U.S. announces plan to buy 3 mln barrels for emergency oil reserve 2023-05-15T04:00:00Z About a fifth of the world's crude oil and oil products passes through the Strait of Hormuz, a choke point between Iran and Oman, according to data from analytics firm Vortexa. US military to bolster defensive posture in Gulf after Iran seizes tankers 2023-05-12T04:00:00Z Benchmark U.S. crude oil for June delivery fell 83 cents to $70.04 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-05-12T04:00:00Z Chinese buyers stepped in to snap up discounted crude oil, coal and aluminium, boosting 2022 commodities imports from Moscow by 52% in value terms. Analysis: Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout 2023-05-11T04:00:00Z Under this bill, crude oil trains with 20 tank cars or more would be subject to a speed limit of 50 mph, lowering the requirement from the current 35 tank cars or more. Railway Safety Act will help protect communities | Editorial 2023-05-15T04:00:00Z The new purchase would be for sour crude oil, delivered to the Big Hill SPR site in Texas sometime during the month of August. U.S. announces plan to buy 3 mln barrels for emergency oil reserve 2023-05-15T04:00:00Z Results were primarily impacted by the timing of crude oil sales in the quarter, the company said. Occidental to favor buybacks over funding direct air capture plants 2023-05-10T04:00:00Z Benchmark U.S. crude oil for June delivery rose 55 cents to $73.71 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-05-09T04:00:00Z China imported a combined $60.3 billion worth of crude oil and fuel oil from Russia last year, according to Chinese customs. Analysis: Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout 2023-05-11T04:00:00Z He said China maintains “normal” trade relations with Russia, not mentioning a significant bump in China’s purchases of Russian crude oil at a major discount. China says it won’t seek to benefit from war in Ukraine 2023-05-09T04:00:00Z Almost all foreign exchange and 90% of South Sudan's government revenue comes from crude oil exports, which leave via a pipeline that runs through Sudan. Sudan conflict: 'How I saved my red guitar from Khartoum war zone' 2023-05-08T04:00:00Z In other trading Monday, benchmark U.S. crude oil picked up 8 cents to $71.42 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares start week with gains 2023-05-07T04:00:00Z The Advantage Sweet carried Kuwaiti crude oil for American energy firm Chevron Corp. of San Ramon, California, at the time of its capture. Satellite images show tankers Iran seized off Bandar Abbas 2023-05-06T04:00:00Z Benchmark U.S. crude oil for June delivery fell 4 cents to $68.56 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-05-04T04:00:00Z While crude oil resources are thought to be abundant, humans are consuming oil much faster than it takes to form, and current technological and financial limitations prevent humans from extracting all potential oil resources. The week in fake news: Social-media hits that fall short of reality 2023-05-05T04:00:00Z Brent crude oil , a global benchmark for Russia's main export, was down 0.1% at $72.29 a barrel, paring earlier gains and struggling to claw back the more than 9% decline of the previous three sessions. Russian rouble soars to one-month high as oil prices halt slide 2023-05-04T04:00:00Z Canada's largest transporter of crude oil, said on Thursday it has reached a 7-1/2 year toll agreement with shippers for its Mainline system. Enbridge reaches toll agreement with shippers for Mainline system 2023-05-04T04:00:00Z Profits from turning crude oil into gasoline, diesel and jet fuel surged as supplies remained tight due to pandemic-era closure of facilities and a recovery in demand. Refiner Phillips 66 joins rivals to beat profit estimates on soaring margins 2023-05-03T04:00:00Z About a fifth of the world's crude oil and oil products passes through the Strait of Hormuz, a narrow choke point between Iran and Oman, according to data from analytics firm Vortexa. Second oil tanker in a week seized by Iran in Gulf - U.S. Navy 2023-05-03T04:00:00Z Energy Information Administration, the global supply of crude oil, other liquid carbons, and biofuels is expected to meet global demand through 2050. The week in fake news: Social-media hits that fall short of reality 2023-05-05T04:00:00Z China is the world's largest energy consumer and top buyer of crude oil. Oil extends losses as investors brace for more rate hikes 2023-05-03T04:00:00Z The easiest stops were at places occupied by Filipino forces, where the ships sent motor launches to deliver basic supplies like water, crude oil and cigarettes. On board a Philippine patrol in contested South China Sea 2023-05-02T04:00:00Z A Monday poll suggesting that U.S. crude oil stockpiles are expected to have fallen for a third consecutive week provided some support to the market. Oil falls as economic fears weigh against potential crude draw 2023-05-02T04:00:00Z In other trading Monday, U.S. benchmark crude oil gave up 63 cents to $76.15 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Tokyo gains, most Asian markets closed 2023-04-30T04:00:00Z EIA data last week showed U.S. crude oil and gasoline inventories fell more than expected as demand for the motor fuel picked up ahead of the peak summer driving season. Oil prices slide on Fed rate hike expectations, weaker China manufacturing data 2023-05-01T04:00:00Z The country’s weakened economy has also made it difficult for the government to import its own diluents to refine the low-quality crude oil it receives or to purchase higher-quality crude that requires less refining. A Cuba Without May Day? Here’s What Happened. 2023-04-30T04:00:00Z Exxon’s quarter was driven by new volumes of crude oil and fuels from the startup of new offshore developments and refining facilities. Exxon delivers a record first-quarter profit on higher output 2023-04-28T04:00:00Z In other trading Friday, U.S. benchmark crude oil added 49 cents to $75.25 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asia shares gain as BOJ stands pat 2023-04-28T04:00:00Z Shell Pipeline Co's Zydeco oil pipeline was shut on April 25 after a limited release of crude oil was detected in the Intracoastal Waterway, east of the Sabine River, a company spokesperson said on Thursday. Mercedes-Benz raises vans outlook, sees higher demand in U.S., China 2023-04-28T04:00:00Z Shell Pipeline Co's Zydeco oil pipeline was shut on April 25 after a limited release of crude oil was detected in the Intracoastal Waterway, east of the Sabine River, a company spokesperson said on Thursday. U.S. officials lead urgent rescue talks for First Republic - sources 2023-04-28T04:00:00Z Benchmark U.S. crude oil for June delivery rose 46 cents to $74.76 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-04-27T04:00:00Z They were boosted by industrial supplies, which include crude oil, motor vehicles as well as consumer goods. U.S. goods trade deficit narrows sharply in March; retail inventories rise 2023-04-26T04:00:00Z U.S. crude oil stocks fell by about 6.1 million barrels in the week ended April 21, according to market sources citing American Petroleum Institute figures on Tuesday. Oil prices rise on US crude, fuel stock draws 2023-04-26T04:00:00Z “There is no lack of crude oil in Cuba,” said Jorge Piñón, senior research fellow at the University of Texas at Austin’s Energy Institute. Cuba fuel shortages prompt rationing, event cancellations 2023-04-25T04:00:00Z Benchmark U.S. crude oil for June delivery rose 89 cents to $78.76 a barrel Monday. Closing prices for crude oil, gold and other commodities 2023-04-24T04:00:00Z Oil drillers claim that restricting crude oil production will raise California’s already high gasoline prices. Opinion: I grew up next to an L.A. oil well. California can protect others from what I went through 2023-04-24T04:00:00Z Benchmark U.S. crude oil for June delivery rose 50 cents to $77.87 a barrel Friday. Closing prices for crude oil, gold and other commodities 2023-04-21T04:00:00Z In other trading, benchmark U.S. crude oil lost 8 cents to $77.29 per barrel in electronic trading on the New York Mercantile Exchange. Stock market today: Asian shares follow Wall Street lower 2023-04-20T04:00:00Z Piñón said Cuba in April also received two tankers from Mexican state oil company Pemex carrying 300,000 barrels of crude oil each. Cuba fuel shortages prompt rationing, event cancellations 2023-04-25T04:00:00Z On 15 January, nearly 12,000 barrels of crude oil spilled into the sea while a tanker was unloading at the refinery. World Press Photo won by image of wounded pregnant woman in Mariupol 2023-04-20T04:00:00Z Energy Information Administration projects the U.S. will pump a record 12.4 million barrels of crude oil a day this year and top that with 12.8 million barrels a day next year. Biden touts U.S. efforts as oil overshadows climate summit 2023-04-20T04:00:00Z U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose, while gasoline stockpiles jumped unexpectedly on disappointing demand, Energy Information Administration data showed on Wednesday. U.S. crude stockpiles fall as refinery runs, exports rise- EIA 2023-04-19T04:00:00Z U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose, while gasoline stockpiles jumped unexpectedly on disappointing demand, Energy Information Administration data showed on Wednesday. Analysis: Why is UK inflation so high? 2023-04-19T04:00:00Z Meanwhile, the economy of top crude oil importer China grew by a faster-than-expected 4.5% in the first quarter, while the country's oil refinery throughput rose to record levels in March, data showed. Oil prices edge higher on falling US inventories, China data 2023-04-19T04:00:00Z Benchmark U.S. crude oil for May delivery rose 3 cents to $80.86 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-04-18T04:00:00Z The embezzlement accusations concern a shipping contract for crude oil between public company Flopec and private sector business Amazonas Tanker Pool Company LLC. Ecuador's Lasso vows to dissolve congress if it tries to impeach him -FT 2023-04-18T04:00:00Z Meanwhile, U.S. crude oil and natural gas production in the seven biggest shale basins is expected to rise in May to the highest on record, data from the Energy Information Administration showed on Monday. Oil steady as markets look ahead to China GDP data 2023-04-18T04:00:00Z Landlocked Hungary is heavily reliant on Russian natural gas and crude oil imports, and it has criticised EU sanctions on Russia, saying they have failed to weaken Moscow meaningfully while risking destroying the European economy. U.S. sanctions leaders of Russian bank, warns Hungary over ties with Moscow 2023-04-12T04:00:00Z China is Brazil’s biggest export market, each year buying tens of billions of dollars worth of soybeans, beef, iron ore, poultry, pulp, sugar cane, cotton and crude oil. Brazil’s Lula visits China, seeking ties and Ukraine support 2023-04-12T04:00:00Z And in Memphis, Mr. Pearson and his family helped lead protests against the construction of a crude oil pipeline through predominantly Black neighborhoods of the city, a project that has since been canceled. Tennessee House Expels 2 Democrats Over Gun Control Protest 2023-04-06T04:00:00Z Last month, an Ecuadorian opposition lawmaker said there was compelling evidence to present against Lasso at an impeachment hearing, including irregularities in the crude oil shipping contract. Ecuador's Lasso vows to dissolve congress if it tries to impeach him -FT 2023-04-18T04:00:00Z Benchmark U.S. crude oil for May delivery rose 9 cents to $80.70 a barrel Thursday. Closing prices for crude oil, gold and other commodities 2023-04-06T04:00:00Z Mr. Pearson gained prominence when he successfully opposed a crude oil pipeline proposed for South Memphis. Tennessee House Moves to Oust Lawmakers: What You Need to Know 2023-04-06T04:00:00Z The short winter construction season helps to make Alaska’s North Slope one of the most expensive places to drill for crude oil in the country, said Mr. Marks, the petroleum economist. In Pristine Alaska, an Oil Giant Prepares to Drill for Decades 2023-04-06T04:00:00Z Benchmark U.S. crude oil for May delivery fell 10 cents to $80.61 a barrel Wednesday. Closing prices for crude oil, gold and other commodities 2023-04-05T04:00:00Z Futures for Canada's commodity-heavy stock index slipped on Wednesday, tracking weakness in crude oil prices, with concerns about a potential recession in the United States adding to the pressure. Colombia's peso to stay weak on c.bank pause signs, mismatch vs oil price: Reuters poll 2023-04-05T04:00:00Z Weak manufacturing activity in China last month also added to crude oil demand concerns. Oil edges up as OPEC cuts, U.S. inventories brighten outlook 2023-04-05T04:00:00Z Benchmark U.S. crude oil for May delivery rose 29 cents to $80.71 a barrel Tuesday. Closing prices for crude oil, gold and other commodities 2023-04-04T04:00:00Z High global fuel demand has been stretching crude oil supplies. Explainer: How will OPEC's production cut affect US gasoline prices? 2023-04-04T04:00:00Z Iraq, OPEC’s second largest oil producer, filed for arbitration against Turkey in 2014 after the Kurdish region sidelined Iraq’s state-owned oil marketing company, SOMO, and began exporting crude oil through the neighboring country. Officials reach deal to restart northern Iraq oil exports 2023-04-04T04:00:00Z A barrel of U.S. crude oil was 42 cents higher at $80.84 per barrel in electronic trading on the New York Mercantile Exchange. Asian shares mixed as surging oil prices fan inflation fears 2023-04-03T04:00:00Z The report’s analysis was based on the assumption that Brent crude oil, the pricing basis for international trading, would average $88 a barrel this year and $90 a barrel next year. ADB forecasts China, India to power strong growth in ’23 2023-04-03T04:00:00Z April 03 - Canada's main stock index edged up on Monday, tracking strength in crude oil prices, while investors watched out for March manufacturing activity data due later in the day. TSX set for higher open as crude oil prices soar 2023-04-03T04:00:00Z Saudi Arabia is OPEC's de facto leader and one of the world's leading producers and exporters of crude oil. Explainer: How will OPEC's production cut affect US gasoline prices? 2023-04-04T04:00:00Z An aggravating jump in crude oil prices greets the start of the second quarter as investors try to figure out whether OPEC's surprise weekend output cut frustrates disinflation or just reflects weakening world demand. Morning Bid: Crude cut complicates Q2 2023-04-03T04:00:00Z The group accounts for about 40% of all the world's crude oil output. Opec oil producers announce surprise cut in output 2023-04-02T04:00:00Z However, growing imports of Russian crude oil, especially by China and India, will likely cushion the impact of rising prices — such exports to China, India and Turkey more than doubled last year. ADB forecasts China, India to power strong growth in ’23 2023-04-03T04:00:00Z Russia’s premier Urals crude oil hit a two-year low of $48.40 a barrel last week while the global benchmark Brent crude was trading for more than $75. Putin’s power play to bully Europe collapses as U.S. overtakes Russia as top crude oil supplier 2023-04-02T04:00:00Z Thanksgiving night, the smokestacks began releasing spent catalyst, which results from the breaking down of crude oil. A Bay Area city reels from refinery's hazardous fallout. Did warnings come too late? 2023-04-02T04:00:00Z The world’s largest crude oil exporter, Saudi Arabia ended 2022 with a $28 billion budget surplus after Russia’s invasion of Ukraine pushed up oil prices, sending profits flooding to producers. No More Blank Checks: Saudi Arabia Clamps Down on Regional Aid 2023-04-02T04:00:00Z Regulators established a set of safety rules for trains hauling large amounts of crude oil, ethanol or other flammable liquids in 2015 after several fiery derailments, including one of the worst disasters in railroad history. Fiery derailments renew Americans’ focus on railroad safety 2023-03-31T04:00:00Z From a plant in Reno, Nevada, Fulcrum Bioenergy in February shipped to a refinery its first railcar of crude oil made from municipal waste. The aerospace industry needs climate-friendly fuel. Can WA help? 2023-03-31T04:00:00Z Before its invasion of Ukraine in February 2022, Russia was Europe’s top crude oil supplier by a wide margin. Putin’s power play to bully Europe collapses as U.S. overtakes Russia as top crude oil supplier 2023-04-02T04:00:00Z An entrenched culture of corruption and the inherently opaque nature of trading illegal crude oil take malfeasance to another level. Shadowy brokers walk off with billions in Venezuelan oil 2023-03-30T04:00:00Z Energy Information Administration said U.S. crude oil stockpiles fell unexpectedly in the week to March 24 to a two-year low. Oil rises as China factory activity expansion lifts demand hopes 2023-03-31T04:00:00Z In 2013, the brakes failed on a parked crude oil train in the hills above the Canadian town of Lac Megantic. Fiery derailments renew Americans’ focus on railroad safety 2023-03-31T04:00:00Z Helping to support prices, U.S. crude oil stockpiles fell unexpectedly last week as refineries ramped up production after maintenance season and imports fell to a two-year low, the U.S. Oil steadies as U.S. crude draw offset by Russian supplies, stronger dollar 2023-03-30T04:00:00Z “Russia’s invasion of Ukraine in February 2022 had a significant impact on the import of crude oil into the EU,” Eurostat said Tuesday in an analysis of the most recent energy data. Putin’s power play to bully Europe collapses as U.S. overtakes Russia as top crude oil supplier 2023-04-02T04:00:00Z Oil steadied in early Asian trade on Thursday as a surprise draw in U.S. crude oil stockpiles that supported prices was offset by a smaller-than-expected cut to Russian supplies and stronger dollar. Alibaba restructuring to enhance decision-making, CEO says 2023-03-30T04:00:00Z By May, Russian crude oil exports to Europe dropped to 24 million barrels, or 12% of European imports. U.S. supplants Russia as Europe’s biggest crude oil supplier in major blow to Moscow 2023-03-29T04:00:00Z One thing in the 2015 rules was a requirement to upgrade DOT-111 tank cars used to haul crude oil and ethanol to make them less likely to leak in a derailment. Fiery derailments renew Americans’ focus on railroad safety 2023-03-31T04:00:00Z Analysts had expected U.S. crude oil stockpiles to have risen last week, while distillate and gasoline inventories were seen down. Oil gains for 3rd day on Kurdish supply concerns, easing banking fears 2023-03-29T04:00:00Z |
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