Crude Supply Boost
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Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight
OPEC+ agreed to boost output by 648,000 barrels per day (bpd) a month in July and August
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Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
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Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight
OPEC+, on Thursday agreed to boost output by 648,000 barrels per day (bpd) a month in July and August
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
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Oil Rallies To $73 On Tight U.S. Supplies, Biden-Xi Call
Oil and equity markets also got a boost from news of a call between U.S. President Joe Biden and his Chinese counterpart Xi Jinping. The call raised hopes for warmer relations and more global trade, analysts said.
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Oil Jumps 5% After 7 Days Of Losses, Boosted By Weaker Dollar
While the pandemic drags on fuel demand, supply is steadily increasing. U.S. production rose and drilling companies added rigs for the third week in a row, services company Baker Hughes said.
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Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
-
Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight
OPEC+ agreed to boost output by 648,000 barrels per day (bpd) a month in July and August
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight
OPEC+, on Thursday agreed to boost output by 648,000 barrels per day (bpd) a month in July and August
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
-
Oil Rallies To $73 On Tight U.S. Supplies, Biden-Xi Call
Oil and equity markets also got a boost from news of a call between U.S. President Joe Biden and his Chinese counterpart Xi Jinping. The call raised hopes for warmer relations and more global trade, analysts said.
-
Oil Jumps 5% After 7 Days Of Losses, Boosted By Weaker Dollar
While the pandemic drags on fuel demand, supply is steadily increasing. U.S. production rose and drilling companies added rigs for the third week in a row, services company Baker Hughes said.
-
Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
