After losing virtually all gains made last week on Tuesday, oil prices started Wednesday’s trade with hesitant gains as traders refocused on the situation in the […]
US oil producers have taken advantage of the recent surge in crude prices, locking in future sales to safeguard their revenue. Rising tensions between Iran and […]
Russia’s crude oil exports by sea rose to their highest level in three months in the four weeks to October 13, as seasonal refinery maintenance cut […]
Brazil’s Petrobras plans to extract every last drop of oil from existing oil fields, Bloomberg has reported, while also searching for fresh deposits to avoid a […]
