Extreme volatility and lack of liquidity in oil futures trade dictate the market.
India Cuts U.S.
Crude Imports By 50% As It Buys Discounted Russian CrudeNorth Sea Gas Production Increases 26%Russia’s Oil Production On Track For First Drop In Four MonthsIndia Seeks Consensus Before Committing To Russian Oil Price CapSources: There’s No Formal Proposal At OPEC+ To Cut OutputNorway To Maintain High Gas Production Through End Of DecadeScientists Find Way To Recycle Wind Turbine Blades Into Gummy BearsEU Energy Crisis Forces Major Fertilizer Producer To Halt ProductionEurope Gas Prices Break...
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Oil Prices Rise On Major Crude Inventory Draw | OilPrice.comThe American Petroleum Institute (API) reported a large draw this week for crude oil of 5.632 million barrels, while analysts predicted a draw of 448,000 barrels.
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Oil Prices Rise On Major Crude Inventory Draw | OilPrice.comThe American Petroleum Institute (API) reported a large draw this week for crude oil of 5.632 million barrels, while analysts predicted a draw of 448,000 barrels.
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India Ramps Up Saudi Crude Purchases, But It’s Not A Gesture To Washington | OilPrice.comIndia’s increased crude purchases from Saudi Arabia do not mean that the country is refraining from working with Putin’s Russia as Washington has petitioned
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Freeport LNG Pushes Back Restart | OilPrice.comFreeport LNG has pushed back the date of its expected restart that it provided earlier in the month.
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U.S. Strategic Petroleum Reserve Falls To 35-Year Low | OilPrice.comThe United States’ Strategic Petroleum Reserve (SPR) now has only 453.1 million barrels in its inventory, following another significant drop in the past week that puts the emergency reserve at a low not seen in three and a half decades
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