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Category Crude Oil

U.S. tariffs are straining the international petrochemicals market

U.S. tariffs are straining the international petrochemicals market

U.S. tariffs are adding strain to an already soft petrochemicals market, and China, the biggest producer, is redirecting more cargoes to Asian buye...
Asian stocks rose on Thursday, with Australia and Japan leading gains

Asian stocks rose on Thursday, with Australia and Japan leading gains

Asian stocks climbed in early Thursday dealings after softer signals from the U.S. Federal Reserve eased nerves during a week of heavy bond selling...
$20 Billion Oil Deals Paid in Chinese Yuan, US Dollar Left Out

$20 Billion Oil Deals Paid in Chinese Yuan, US Dollar Left Out

Crude oil trade between Russia and China has reached record levels, reaching their highest point, defying US tariffs…
Trump’s 50% India Tariffs Trigger 85% Oil Spread Collapse

Trump’s 50% India Tariffs Trigger 85% Oil Spread Collapse

India 50% oil tariff has triggered an massive 85% collapse in the Brent-Dubai spread, and it dropped from…
Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall

Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall

Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,0...