Energy News Results

  • India September crude imports hit 5-month high as business activity pick-up

    - India's crude oil imports in September hit a five-month high, government data showed on Wednesday, as a pick up in economic activity and mobility led to higher fuel demand. Crude oil imports in the world's third largest oil consumer and importer rose 16% to 17.61 million tonnes from a year earlier, according to data on the website of the Petroleum Planning and Analysis Cell.

  • Gulf Coast gasoline declines as focus turns to December

    Gasoline for prompt delivery on the U.S. Gulf Coast fell Wednesday, as the market focused on deliveries in December, a month when U.S. demand declines seasonally, traders said. U.S. Gulf Coast M4 conventional gasoline fell three quarters of a cent, trading 2.85 cents higher than the gasoline futures benchmark on the New York Mercantile Exchange, market participants said.

  • Oil hits two-week low on Iran talks resuming, U.S. crude build

    Oil prices fell about 1% to their lowest in two weeks on Thursday after Iran said talks with world powers on its nuclear programme would resume by the end of November and on rising U.S. crude inventories. Brent crude was $1.06, or 1.2%, lower at $83.52 a barrel by 12:31 p.m ET, having hit a two-week low of $82.32 earlier in the session and falling 2.1% on Wednesday.

  • Front Month ICE Brent Crude Fell 2.11% to Settle at $84.58 -- Data Talk

    Front Month ICE Brent Crude for Dec. delivery lost $1.82 per barrel, or 2.11% to $84.58 today. --Largest one day dollar decline since Wednesday, Aug. 4, 2021. --Largest one day percentage decline since Thursday, Aug. 19, 2021.

  • Front Month Nymex Crude Fell 2.35% to Settle at $82.66 -- Data Talk

    Front Month Nymex Crude for Dec. delivery lost $1.99 per barrel, or 2.35% to $82.66 today. --Largest one day dollar decline since Wednesday, Aug. 4, 2021. --Largest one day percentage decline since Thursday, Aug. 19, 2021.

  • Front Month Nymex Natural Gas Rose 5.44% to Settle at $6.2020 -- Data Talk

    Front Month Nymex Natural Gas for Nov. delivery gained 32.00 cents per million British thermal units, or 5.44% to$ 6.2020 per million British thermal units today. --Up five of the past seven sessions. --Today's settlement value is the second highest this year.

  • Russia seen starting to fill Europe's gas storage after Nov. 8

    President Vladimir Putin on Wednesday told the head of Kremlin-controlled energy giant Gazprom, Alexei Miller, to start pumping natural gas into European gas storage once Russia finishes filling its own stocks, which may happen by Nov. 8. Gas markets in Asia and Europe have sky-rocketed this year, with benchmark Dutch gas hub spot prices jumping by 365% since the start of the year, fuelled by l...

  • U.S. Oil Inventories Rise, Fuel Supplies Fall

    U.S. crude-oil inventories rose more than expected last week, but gasoline and diesel fuel supplies declined, according to data released Wednesday by the Energy Information Administration. Benchmark U.S. oil prices that were lower before the mixed-to-bearish report was released extended those declines afterward. The Nymex front-month crude contract for December delivery was recently 1.7% lower at $83.19 a barrel.

  • TABLE-UAE's Fujairah oil inventory data for week ended Oct 25

    Fujairah Oil Industry Zone on Wednesday published the following weekly inventory data for oil products for the week ended Oct. 25, according to industry information service S&P Global Platts.

  • U.S. demand for oil surges, depleting tanks in Oklahoma

    Crude oil tanks at the Cushing, Oklahoma storage and delivery hub for U.S. crude futures are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months. U.S. demand for crude among refiners making gasoline and diesel has surged as the economy has recovered from the worst of the pandemic.

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