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Crude Oil

Russia Now 4th Largest Oil Supplier To India As Cheap Oil Proves Lucrative, US Share Halves

Russia Now 4th Largest Oil Supplier To India As Cheap Oil Proves Lucrative, US Share Halves

Russia became the fourth-largest oil exporter to India in April as low prices spur demand from one of the world’s largest oil consumers and importers, according to Refinitiv data.

May 17, 2022, 5:29 AM

Oil Sees Massive Drop, US Futures Flat As March Nears End: What's Weighing On The Market?

Oil Sees Massive Drop, US Futures Flat As March Nears End: What's Weighing On The Market?

Oil futures dropped in the early hours of Thursday as the United States considered releasing millions of barrels from the country’s strategic reserve over several months. Oil Drops: ICE Brent Crude May 22 futures traded 3.9% lower at $109.02 at press time, while WTI Crude May 22 futures were down 4.9% at $102.55.

Mar 31, 2022, 3:40 AM

What Will It Take For OPEC+ To Increase Its Oil Output?

What Will It Take For OPEC+ To Increase Its Oil Output?

The worsening oil supply shortage in the wake of the Russian invasion of Ukraine has sent pump prices to record highs in recent weeks, sparking fears of a catastrophic global oil crisis and soaring inflation.

Mar 15, 2022, 10:27 AM

5 Best Commodity ETFs To Buy As Oil Prices Soar

5 Best Commodity ETFs To Buy As Oil Prices Soar

Crude oil prices recently reached their highest levels in 13 years after President Joe Biden banned all imports of Russian fossil fuels in response to the country's invasion of Ukraine.

Mar 9, 2022, 5:45 PM

Crude Oil Is Going For A Record

Crude Oil Is Going For A Record

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The commodity continues rallying. On Monday, 31 January, Brent is trading above $91 and may soon update its highs.

Jan 31, 2022, 10:59 AM