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Posted 25/05/2023

Asia Remains Russia’s Main Destination for Fuel Shipments

Asia remained the main destination for Russian oil exports after the European Union's embargo,...

Posted 24/05/2023

Oil Prices Gain 1% on Massive U.S. Inventory Drop, Demand Fears Remain

The tightening of U.S. stockpiles and fuel supply, as well as a warning from...

Posted 23/05/2023

Oil Rises on Higher Crude Demand Outlook, but US Default Fears Limit Gain

Oil prices increased on Tuesday as investors expected a tighter market due to seasonal...

Posted 22/05/2023

Oil Prices Retreat on Debt Ceiling Worries

Early Asian trade on Monday saw oil prices fall, extending losses into a third...

Posted 19/05/2023

Oil Rises on Debt Ceiling Optimism, Offsetting Recession Concerns

Early Friday Asian trade showed a rise in oil prices, and prices looked set...

Posted 18/05/2023

Oil Prices Edge Lower as US Debt Optimism Offsets Growing Crude Inventory

After posting significant gains the previous session, oil prices drifted lower on Thursday as...

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