Can China Influence Global Oil Prices? The Debate Heats Up
Can China Influence Global Oil Prices? The Debate Heats Up
Six months after China launched its own oil futures, the debate is heating up over whether the world’s biggest crude buyer can make its benchmark as influential as global rivals.
Bloomberg
Bloomberg
Bulls Dominate as Oil Traders Wrap Up Their Annual Asian Shindig
Bulls Dominate as Oil Traders Wrap Up Their Annual Asian Shindig
The biggest gathering of oil traders in the world’s hottest market is drawing to a close.
Bloomberg
Bloomberg
Oil on Biggest Tear in Decade as Global Supply Cushion Vanishes
Oil on Biggest Tear in Decade as Global Supply Cushion Vanishes
Oil posted the longest string of quarterly gains in more than a decade as impending supply disruptions threaten to fracture a global market with little margin for error.
Bloomberg
Bloomberg
Trump has a weapon to lower oil prices and it’s not his Twitter
Trump has various avenues to get SPR supplies to market. One could be to speed up sales from the reserve that have been authorized by Congress as part of deals to finance federal spending
Livemint
Livemint
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Saudis Shift Own Oil Diet to Supply Buyers Who Are Shunning Iran
As impending U.S. sanctions squeeze Iranian oil supplies, top OPEC member Saudi Arabia is changing its own crude diet to meet customer demand for alternative cargoes.
Bloomberg
Bloomberg
India to cut imports of Iranian oil to zero in November
Indian Oil Corp. and Bharat Petroleum Corp., the country’s two largest state-owned refiners, haven’t asked for any Iranian cargoes for loading in November, according to officials at the companies.
Hindustan Times
Hindustan Times