oil trade

Reliance renews bid for US license to import Venezuelan oil

The U.S. in April did not renew a general license for Venezuela to export oil and fuel to its chosen...

Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate

Exxon Mobil expects crude demand to stay above 100 million barrels per day (bpd) through 2050.Exxon ...

Oil up 2 % on Libya shutdowns, Mideast escalation fears

Oil prices rise due to Libya Shutdowns.Oil prices rose 2% on Monday on news of fresh production outa...

Oil pauses gains after surging on Libyan outages, Middle East tension

Oil price rise due to Middle East tensions.Oil prices paused recent advances to trade in a range on ...

Oil prices fall 2% on economic worries, technical decline

Oil prices fell Tuesday on worries of slower economic growth in the U.S. and China.Oil prices fell a...

Stocks batter, oil slides as growth concerns resurface

Oil prices hit multi-month lows.Asian shares and global stock futures tumbled on Wednesday, led by a...

Diesel dilemma: Demand drop in India and China puts pressure on crude oil prices

Chinese and Indian diesel markets are showing signs of a slowdown. Chinese and Indian diesel markets...