CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live Price Update China’s March Iran oil imports down 25 percent from year ago: Reuters calculations China’s imports of Iranian crude oil in March fell by 25 percent from a year earlier to about 541,100 barrels per day (bpd), Reuters calculations based on customs data released on Thursday showed. Imports from Saudi Arabia were about 1.72 million Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live Price Update China’s March Iran oil imports down 25 percent from year ago: Reuters calculations China’s imports of Iranian crude oil in March fell by 25 percent from a year earlier to about 541,100 barrels per day (bpd), Reuters calculations based on customs data released on Thursday showed. Imports from Saudi Arabia were about 1.72 million Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live Price Update Oil market torn between loss of Iran waivers, surging U.S. supply Oil prices were torn on Thursday, supported by tightening sanctions against Iran announced this week and pressured by a surge in U.S. supply and concerns of an economic slowdown. Brent crude futures were at $74.60 per barrel at 0512 GMT, 3 Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil falls from 6-month high on signs market not as tight as feared Oil prices fell on Wednesday after a report allayed concerns about tightening supply, ending a rally that took prices to their highest since early November on concerns that OPEC output cuts and sanctions would take too much oil out Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil falls as supply still adequate despite Iran sanctions, but market tightening Oil prices fell on Wednesday amid signs that global markets remain adequately supplied, despite a jump to 2019 highs this week on Washington’s push for tighter sanctions against Iran. Brent crude futures were at $74.17 per barrel at 0637 GMT, down Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil eases as supplies adequate for now, despite Iran sanctions Oil prices fell on Wednesday amid signs that global markets remain adequately supplied despite a jump to 2019 highs this week on Washington’s push for tighter sanctions against Iran. Brent crude futures were at $74.13 per barrel at 0456 GMT, down 38 cents, Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Despite the move by Washington, analysts said global oil markets would be able Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil near 2019 highs as U.S. seeks to slash Iran exports, but global supply seen ample Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Despite the move by Washington, observers like U.S. bank Goldman Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil hits 2019 high on U.S. plan to tighten squeeze on Iran Oil topped $74 a barrel on Monday, the highest since November, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies. The United States is expected to say later on Monday that buyers Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil prices rise for a second day on China demand, U.S. stockpile drop Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil slips to $71, hit by talk of higher OPEC+ production Brent oil slipped to around $71 a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern about Russia’s willingness to stick with OPEC-led supply cuts. Analysts on average expect U.S. crude stockpiles to have risen by 1.9 million barrels last Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil pauses; focus on future supply direction Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, with investors eyeing mixed signals on global supply. Brent crude oil futures were at $71.44 a barrel at 0629 GMT, down 11 cents, or 0.2 percent, from Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil Prices Fall, Still Up By More Than 30% YTD; Libya Conflict in Spotlight Oil prices fell on Monday in Asia but still surged by more than 30% year-to-date. Libya conflict is back under the spotlight today. U.S. Crude Oil WTI Futures fell 0.4% to $63.62 by 12:10 AM ET (04:10 GMT), while international Brent Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil rises as supply constraints outweigh China slowdown fears Oil prices rose on Friday as involuntary supply cuts from Venezuela, Libya and Iran supported perceptions of a tightening market, already underpinned by a production reduction deal from OPEC and its allies. Brent crude oil futures were at $71.39 per barrel at 0832 GMT, Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil prices rise as market tightens, but demand concerns linger Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela. Despite strong price increases this year, there are concerns that an economic slowdown could soon dent Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

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CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil Prices Fall on Surging Crude Builds; Goldman Says Prices Won’t Reach $80 Oil prices fell on Thursday in Asia as data showed crude inventories grew more than expected in the week to April 5. U.S. Crude Oil WTI Futures fell 0.5% to $64.28 by 12:40 AM ET (04:40 GMT). International Brent Oil Futures was down Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil edges up amid tightening supply, but economic slowdown weighs Oil prices inched up on Wednesday amid supply cuts by producer group OPEC and U.S. sanctions on oil exporters Iran and Venezuela, but pressured by expectations that an economic slowdown could soon dent fuel consumption. International benchmark Brent futures were at $70.76 Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

CRUDE OIL NEWS UPDATED BY ROYAL TRADERS

Live News Update Oil Prices Rise as Libya, Growth Forecast in focus Oil prices rose on Wednesday in Asia as traders weighed the impact of the IMF’s latest economic growth forecast cut and geopolitical concerns in Libya. U.S. Crude Oil WTI Futures were up 0.3% to $64.14 by 1:06 AM ET (05:06 GMT). International Brent Oil Futures inched up Read more about CRUDE OIL NEWS UPDATED BY ROYAL TRADERS[…]

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