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Prices of physical crude cargoes have rallied this year, signaling resilient global oil demand even in the face of record-high COVID cases in the Omicron wave. Crude grades from the United States, ...
Supply tightness and escalating geo-political tensions in the Middle East and Russia have sent global crude prices soaring in the last three weeks, with benchmark Nymex crude and Western Texas ...
Turkey restarted crude flows through a ruptured pipeline linking Iraqi energy fields with international markets, the state oil operator said Wednesday.
OIL prices have continued to increase after reaching a seven-year high this week - with further supply disruption coming from Turkey.
The West Texas Intermediate Crude Oil market went back and forth on Tuesday but has given up some of the gains to show signs of exhaustion.