Investors ramped up oil futures and options trading in October to record levels in a bid to hedge growing uncertainty as war rages on in the Middle East and a bearish 2025 supply and demand outlook ...
Trading firms will deliver about 5 million barrels of Middle East crude oil to the Shanghai International Energy Exchange (INE) this month, an unusually large volume, after domestic prices rose ...
Trading firms are set to deliver approximately 5 million barrels of Middle East crude oil to the Shanghai International Energy Exchange (INE) this mon ...
The volume of oil to be delivered into the November contract was likely the biggest for the year, one of the sources said, as trade was mostly muted through 2024 ...
According to a Reuters survey, oil production in Iraq fell to just under 4 million barrels per day in October, thus meeting the requirements of the OPEC+ agreement without taking the promised ...
The DOE said Monday it will take bids for up to 3 million barrels of oil for delivery to the SPR's Bryan Mound site in Texas from April through May. Bids for the latest solicitation are due by Nov. 6.
Shares are mostly higher in Europe and Asia as China's leaders begin a major meeting expected to bring fresh pledges of help for the world's second-largest economy ...
Gold and oil are frequently viewed as a hedge against geopolitical tension but have diverged sharply in performance this year amid heightened geopolitical uncertainty. Click to read.