Crude Oil News and Headlines
- When will relief come for consumers, asks Cong after OMCs hike commission for petrol pump dealers 10/30/2024Congress party on Wednesday described the hike in commission to petrol pump dealers as mere ‘eyewash’ and asked when the benefits of low fuel prices will be passed on the consumers and common men.
- Fuel prices Oct 31 to Nov 6: Unchanged across the board 10/30/2024The retail prices for RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.19, RM2.05 and RM2.95 per litre respectively from Oct 31 to Nov 6.
- Abu Dhabi’s Adnoc Boosts Oil Trading With Fujairah Refinery Deal 10/30/2024The biggest oil company in the United Arab Emirates is expanding its fledgling trading business with a deal to supply crude and take products from a refinery in the country’s coastal region of ...
- Presidential Directives: NCDMB To Launch New Contracting Cycle Guideline 10/30/2024The Nigerian Content Development and Monitoring Board (NCDMB) is gearing up to launch new Contracting Cycle Guidelines for the oil and gas industry in compliance with the Presidential Directives on Lo ...
- The BP share price fell almost 5% yesterday and another 2% today. Time for me to buy? 10/30/2024The BP share price fell again yesterday, and with oil dropping towards $70 a barrel Harvey Jones doesn't expect an instant recovery. Here's what needs to happen first.
- Wednesday's Data docket 10/30/2024Here are some of the potential market catalysts due Wednesday for traders to consider: 8:15 a.m. Eastern. U.S. ADP employment for October. 8:30 a.m. U.S. GDP for third quarter. 8:30 a.m. Advanced U.S.
- Crude Oil: Geopolitical Risks, OPEC+ Discord May Spark Potential Plunge Below $67 10/30/2024Crude oil traders brace for potential volatility amid geopolitical tensions and OPEC+ disagreements. Key support and resistance levels may guide near-term trading strategies amid shifting supply risks ...
- Oil Rises on Report of Fall in U.S. Crude Inventory 10/30/2024Oil prices were edging higher in early European trade, supported by reports of a surprise U.S. crude stockpiles draw. But a lower geopolitical risk premium and weak fundamentals weigh on sentiment.
- Global stocks mostly lower after Big Tech stocks push Nasdaq to record high 10/30/2024Global markets are mostly lower after a rally in technology stocks propelled the Nasdaq composite to a record high ...
- Oil Prices Remain Subdued on the Prospect of an Israel-Lebanon Ceasefire 10/30/2024Crude oil prices remain subdued after a weekly decline as ceasefire talks in the Middle East offer hope for stability, although concerns about a prolonged conflict and China's stimulus impact could ...
- CSOs Knock Kyari Over Warri Refinery, Plan 2m Man March in Abuja 10/30/2024The spokesperson for the CSOs, Mr. Efe Irabor, via a statement on Tuesday, urged Nigerians to prepare for the worst, as Kyari did not have the intention of rehabilitating and putting into operations ...
- Clean energy technology market to rival crude oil market value by 2035 10/30/2024Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current ...