Crude Oil News and Headlines
- Nymex Overview: Petroleum Contracts Higher; Spot Gasoline Fails to Keep Pace -- OPIS 10/22/2024As a result, refiners in two of the country's largest bulk fuel markets--the Gulf Coast and Chicago--are likely losing money on gasoline. And unremarkable returns on middle distillates are not easing ...
- Denmark shares lower at close of trade; OMX Copenhagen 20 down 0.67% 10/22/2024Denmark equities were lower at the close on Tuesday, as losses in the OMX Copenhagen Personal & Household Goods PI, Copenhagen Health Care and Copenhagen Technology sectors led shares lower. At the ...
- Energy & Utilities Roundup: Market Talk 10/22/2024The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0900 ET – Oil futures extend their recovery from last week’s ...
- ICE canola on the rise again 10/22/2024The ICE Futures canola market maintained its momentum on Tuesday morning, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to ...
- Talks on road map for more than 20% ethanol blending in petrol underway: Hardeep Singh Puri 10/22/2024Under the ethanol blended petrol programme, the government aims to blend up to 20% ethanol in petrol sold across the country by 2025 to lower its dependence on crude oil imports.
- The energy crisis paralyzing Cuba: ‘There will be no change in the electricity sector until the govermment changes the economic model’ 10/22/2024Experts attribute the collapse to the island’s economic emergency: it relies on imports it cannot afford and on trading partners that are supplying increasingly diminishing amounts of oil ...
- Oil Gains as China Lifts Crude Import Quota 10/22/2024Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about potential disruptions from the ongoing conflict in the Middle East.
- ICE Reaches Record Open Interest Across Global Energy Benchmark Brent Crude Futures and Options 10/22/2024Plus, Record Open Interest across Gasoil Futures and Options and Total Oil Options LONDON & NEW YORK & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider ...
- Crude Oil Price Outlook – Crude Continues to Find Buyers Near The Bottom 10/22/2024The crude oil market has rallied a bit in the last 24 hours, as the market looks likely to continue to hang onto the idea of staying in the same range we have been in for the last two years.
- NSCDC seizes 20,000 litres of stolen crude in Abia, arrests five 10/22/2024The Nigerian Security and Civil Defence Corps has arrested five suspects and recovered 20,000 liters of crude oil stolen from Abia State.
- Crude tanker rates rise amid record US exports to Rotterdam 10/22/2024Record levels of US crude exports into Europe are driving up tanker rates, brokers and analysts say. Consultancy Kpler tallies an all-time high 1.36m barrels per day (bpd) booked on vessels heading to ...
- Oil on track for back-to-back gain on China stimulus, lingering Middle East worries 10/22/2024Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader ...