Latest News for: Oil traders

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Pop-Up Russian oil traders emerge as US tightens sanctions grip

Deccan Herald 19 Apr 2024
They are likely to last months, but not years.</p>.Oil prices surge 3% on reports of Israeli strikes on Iran.<p>Traders said the ease of incorporating new businesses in locations such as ...
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Bloomberg: Dangote Refinery Getting a Third of Its Crude from US, Set to Shake W’African Supply Market

This Day 19 Apr 2024
A report by Bloomberg said yesterday that Nigeria’s new mega Dangote oil refinery is slowly grinding into gear, with analysts and traders watching its ramp up closely to try to understand when it will start pouring petrol into the market.
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Rupee falls 6 paise to 83.58 against US dollar in early trade

The Siasat Daily 19 Apr 2024
The rupee depreciated 6 paise to 83.58 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities and elevated crude oil prices. Forex traders said the ...
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Oil traders make risky bet on calm in Middle East

Hellenic Shipping News Worldwide 18 Apr 2024
Oil investors don’t usually shrug off military escalations.
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Advisors Lose Ground as 42% of The UK Investors Embrace DIY Approach

Finance Magnates 18 Apr 2024
... to heightened geopolitical risks, such as rising tensions in the Middle East and the ongoing Ukraine-Russia war, which have led traders to seek opportunities in volatile oil and natural gas markets.
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U.S. oil falls below $83 as war fears ease after Israel refrains from immediate Iran counterattack

CNBC 18 Apr 2024
Oil has sold off 4% this week as traders unwind the geopolitical risk premium built into prices over the last two weeks ... .
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A Weakening Diesel Market Is Becoming a Problem for Oil

TT News 18 Apr 2024
The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders ... .
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Venezuela oil sector hit by loss of its widest US license

Philenews 18 Apr 2024
license that allowed it to export oil to ... to complete transactions might not be enough to resolve the bottleneck entirely, forcing some oil importers to apply for specific licenses, traders said.
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US to levy more sanctions on Iran

Arkansas Democrat-Gazette 18 Apr 2024
Experts, however, say the United States faces limited meaningful options for doing so without antagonizing China or risking a spike in the price of oil ... "The last thing Biden wants is higher gas prices, so he wants Iran selling its oil to China.
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CPO FUTURES END LOWER FOR 5TH CONSECUTIVE TRADING DAY

Malaysian National News Agency 18 Apr 2024
KUALA LUMPUR, April 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower for the fifth consecutive day, said palm oil trader David Ng ... oil inventories.
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Reliance tries to sell US oil as Russian flows gain

Deccan Herald 17 Apr 2024
... return to last year’s record levels.</p><p>Reliance also attempted to sell cargoes of Murban crude for April-May loading before offering the American oil, the traders said.</p> .
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CPO FUTURES ENDS LOWER AMID WEAKER SOYBEAN OIL FUTURES, OIL PRICES

Malaysian National News Agency 17 Apr 2024
CPO FUTURES ENDS LOWER AMID WEAKER SOYBEAN OIL FUTURES, OIL PRICES. Palm oil trader David Ng ... Palm oil trader David Ng told Bernama that the weaker market sentiment, however, was limited by the expectation of a stronger demand in the coming weeks.
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Oil prices slide, stocks diverge

The Citizens' Voice 17 Apr 2024
Oil prices fell further Wednesday but stocks diverged as traders tracked fallout from Iran's attack on Israel and assessed the outlook for interest rates ....
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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 3% Amid Demand Worries

FX Empire 17 Apr 2024
Oil tests weekly lows as traders stay focused on the situation in the Middle East ....
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ReGen III provides update on upcycling project

Hydrocarbon Engineering 17 Apr 2024
The company expects that following the completion of sample testing by these lubricant blenders, traders, and oil and gas super majors and majors, it will secure additional LOIs.In early March 2024, ...
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