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Crude Oil - Belarus halts own oil exports to Germany, Russian oil transit unaffected: sources
The Belorusneft supplies are separate from Russian oil transit to Europe via the Druzhba pipeline, part of which comes via Belarus and which so far has not been affected. Belorusneft supplies more ...
China to allow foreign companies to explore for and produce oil and gas
The change will also apply to domestic companies that meet the same condition. China now imports 70% of the crude oil it refines and nearly half its natural gas consumption, and state firms face an ...
ZPC pushes China independent refiners’ Dec crude imports to record high
ZPC has received about 1.44 million mt of imported crude oil in seven cargoes, which surged 422.5% from 276,000 mt received in November. On a year-on-year basis, it was up 454.6%. Its shipments ...
Weekly Commodity View: Gold and crude oil trend appears bearish
Based on above technical parameter, MCX Gold is looking bearish with a potential to reach 39,000. MCX Crude Oil price has given breakdown of rising channel pattern at 4,400 levels on the daily chart.
Energy Sector Will Survive a ‘Key Reversal’ in Crude Oil - Here’s How to Trade It
The turmoil in the energy sector caused by the tensions between the U.S. and Iran caused the Nymex crude oil contract to experience a “key reversal” this week, unless the contract ends the week above ...