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Crude Oil - Oil Near Six-Week Low After Report American Stockpiles Growing

15-01-2020 01:52

(Bloomberg) -- Oil traded near a six-week low after a report indicated American crude stockpiles increased, while signs that trade tensions between the U.S. and China haven’t gone away damped inves ...

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Japan says Middle East mission in self-interest as crude importer

Asked about the poll during a visit to Washington, Kono noted that nearly 90% of the crude oil imported by Japan came from the Middle East and more than 80% passed through the Strait of Hormuz. Iran ...

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Sudan oil stops as NISS protests

According to reports, the accident was caused by a welder working near a crude oil pool. A fire was reported at another GPOC facility in December, following a pipeline rupture. South Sudan recently ...

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Iraqi Oil Minister: We Plan to Increase Production to 8 Mn bpd

Iraqi Oil Minister Thamer al-Ghadhban said his country plans to raise the production capacity of crude oil during the next two decades. In official statements, Ghadhban said the Oil Ministry will ...

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FxWirePro: Crude Oil’s Driving Forces - WTI & Brent Trading and Hedging Strategies

Crude oil briefly jumped above $70/bbl (Brent) on two occasions this past week as concerns over a potential war in the Middle East, raised the spectre of widespread damage to oil supply and spare ...

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