The fuel industry is calling on government to urgently take necessary action on the issue of diesel adulteration with illuminating paraffin, which has significantly increased since 2019.
What is the current oil price today? WTI futures traded at $69.97 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 4.72%. Brent futures traded at $73.97/bbl, an increase of 0.16% ...
Global oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency. “This year ...
Israel then invaded southern Lebanon, and the Biden administration urged restraint as the Israeli government reportedly weighed a retaliatory attack on Iran’s oil fields. In sum, the past few ...
HOUSTON, Oct 18 (Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
NEW YORK, Oct 17 (Reuters) - Oil prices inched up on Thursday, bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States. Brent crude futures ...