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Why oil prices haven't skyrocketed on Middle East supply fears — yetThe oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what's at stake. For ...
Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...
Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the ...
Oil Prices: WTI for December delivery advanced 0.3% to settle at $69.49 a barrel in New York. Brent for January settlement rose 0.4% to settle at $73.10 a barrel.
In August, the Middle East accounted for 44.6% of India’s crude imports, up from 40.3% in July. Iraq, Saudi Arabia, the UAE and Kuwait are the main Middle Eastern suppliers of oil to India.
Crude oil demand in China has weakened and is a bearish factor for oil prices. According to Chinese customs data, China's 2024 crude imports fell -1.9% y/y to 553 MMT.
Oil prices soared on escalating Middle East tensions, after Israel and Hezbollah exchanged fire over the weekend, prompting concerns about Iran's potential involvement. Market expectations ...
Stay informed about oil market trends. Read about how easing tensions in the Middle East and rising U.S. crude inventories are impacting oil prices.
Nov WTI crude oil (CLX24) today is up +0.98 (+1.33%), and Nov RBOB gasoline (RBX24) is up +0.92 (+0.44%). Crude oil and gasoline prices today added to Thursday's sharp gains and posted 5-week ...
The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what's at stake.
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