NEW DELHI: Global crude oil prices ticked higher on Thursday amid persistent concerns of supply disruptions,…
Tag: crude oil demand
Oil just shy of $120 a barrel on OPEC+ deal, Saudi pricing
Saudi Arabia raised its July official selling price (OSP) for Asia for its key Arabian light…
India’s fuel demand up 24% year-on-year in May
Last month’s growth was the biggest year-on-year jump since April 2021. Consumption also grew marginally by…
Fears of the Fed and oil gains tax plunge oil prices
Tight supplies have been exacerbated by declining exports from Libya amid a political crisis affecting production…
OPEC sees global oil demand growth slowing in 2023 – report
OPEC expects world demand to grow by 2 million barrels per day or less in 2023,…
Oil easing due to China’s lockdown weighs in on demand outlook:
Brent crude futures were up 15 cents to $107.74 a barrel by 0410 GMT, while US…
India’s Reliance buys at least 15 million barrels of Russian oil – report
As the world’s third-largest oil importer and consumer, Indian refiners shut down cheaper barrels of Russian…
Some Indian refiners set to cut May Saudi oil, snap Russian barrels
At least two refiners expected to buy less Saudi oil after the official selling price increased,…
Oil prices rise on tight supply, stagnant demand
Brent crude was up $1.54, or 1.4%, at $114.02 a barrel by 1110 GMT and US…
India’s crude imports hit 10-month peak as refiners bank on strong demand
Crude oil imports rose 7.5% last month over October and rose 0.5% to 18.37 million tonnes…