FEATURE OF THE WEEK
Recent news
Jun 02, 2023
Crude Closes Higher Ahead of Weekend OPEC+ Meeting
July WTI crude oil (CLN23 ) on Friday closed up +1.64 (+2.34%), and July RBOB gasoline (RBN23 ) closed up +6.45 (+2.65%). Crude oil and gasoline prices Friday closed moderately higher. Crude prices rose Friday in hopes of stronger Chinese energy demand after Bloomberg reported the Chinese government is working...
Jun 02, 2023
Crude Rallies Ahead of Weekend OPEC+ Meeting
July WTI crude oil (CLN23 ) this morning is up +1.22 (+1.74%), and July RBOB gasoline (RBN23 ) is up +3.57 (+1.479%). July Nymex natural gas (NGN23 ) is up +0.038 (+1.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing in hopes of stronger...
Jun 02, 2023
India's stance on Ukraine war a strategic interest: Singapore-based think tank
While the long-standing Ukraine war has disrupted trade relations and supply chains globally, Singapore-based International Institute for Strategic Studies (IISS) has said that India calling for diplomacy in the Ukraine war is a calculated step. The study finds that the war has helped India import oil at discounted rates.