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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
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"Did Entire World A Favour": Minister On Why India Buys Russian Oil
Union Petroleum and Natural Gas minister Hardeep Singh Puri said oil will remain a key part of the world's energy supply for years to come.
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Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
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Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
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From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
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"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
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Oil Prices Tick Up On Supply Concerns But Fed Rate Hike Bets Cap Gains
Oil prices ticked up on Wednesday on supply concerns, but expectations of another aggressive U.S. interest rate hike capped gains amid investor concerns it could lead to a recession and hurt fuel demand.
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Oil Falls On Demand Concerns, Strong Dollar
Oilfell on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase outweighed supply concerns.
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Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
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Oil Climbs To Near $98 Per Barrel As Tight Supply Moves Back Into Focus
Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in US crude inventories.
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Oil Prices Head For Weekly Drop On Global Economic Slowdown Worries
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies toward year-end.
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Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
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Oil Edges Lower As Supply Concerns Ease, A Day After Gains Of Over $1
Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand.
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Oil Pares Gains And Retreats On Possible Iran Supply Boost
Oil prices dipped in early trade on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market.
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Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
-
China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
-
"Did Entire World A Favour": Minister On Why India Buys Russian Oil
Union Petroleum and Natural Gas minister Hardeep Singh Puri said oil will remain a key part of the world's energy supply for years to come.
-
Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
-
Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
-
Oil Prices Tick Up On Supply Concerns But Fed Rate Hike Bets Cap Gains
Oil prices ticked up on Wednesday on supply concerns, but expectations of another aggressive U.S. interest rate hike capped gains amid investor concerns it could lead to a recession and hurt fuel demand.
-
Oil Falls On Demand Concerns, Strong Dollar
Oilfell on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase outweighed supply concerns.
-
Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
-
Oil Climbs To Near $98 Per Barrel As Tight Supply Moves Back Into Focus
Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts to support prices and the prospect of a drop in US crude inventories.
-
Oil Prices Head For Weekly Drop On Global Economic Slowdown Worries
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies toward year-end.
-
Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
-
Oil Edges Lower As Supply Concerns Ease, A Day After Gains Of Over $1
Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand.
-
Oil Pares Gains And Retreats On Possible Iran Supply Boost
Oil prices dipped in early trade on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market.
-
Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
