Oil futures finished higher on Tuesday, a day after worries about the prospects for demand pulled prices for the U.S. benchmark crude below $70 a barrel. Gains for oil were modest, however, as traders ...
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
light crude oil bends used as benchmarks in financial markets. However, there are five key differences between WTI and Brent: The difference between the spot price of Brent crude and WTI crude is ...
The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Petroleum Refinery to lift ...
Investors are urged to reconsider their portfolios as the disconnect between oil and gold prices signals potential market ...
The Bloomberg Dollar Spot Index rose 0.6%. Bitcoin options traders are already eyeing a landmark price of $100,000 for the cryptocurrency, after it surged to a fresh record on hopes for a more ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Rising tender rejections and spot rates signal a shift in market dynamics, giving carriers more leverage. Factors such as ...
Some entrepreneurs are betting on southern Florida becoming an oyster hot spot. Now, they just need to convince Mother Nature ...
Another big move is in Los Angeles, where premiums have dropped by several cents, lowering prices by about 12.5cts at midday. Diesel spot markets are mostly steady with the ULSD losses pulling spot ...
The Nigerian National Petroleum Company Limited (NNPC) has debunked a trending video of black liquid said to be petrol bought ...
Oil futures edged lower Thursday morning, extending a pullback seen a day earlier after the dollar surged higher in response to Donald Trump's victory in the U.S. presidential election. Downside ...