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The Latest Breaking News from Vortexa

Crude Rallies on Concern about Disruptions to Russian Crude Exports

September WTI crude oil (CLU23 ) on Wednesday closed up +1.48 (+1.78%), and Sep RBOB gasoline (RBU23 ) closed up +8.33 (+2.93%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to an 8-3/4 month high and gasoline rising to a 2-week high. Oil prices rallied on...

Crude Prices Climb on Concern about Disruptions to Russian Crude Exports

Crude Prices Climb on Concern about Disruptions to Russian Crude Exports

September WTI crude oil (CLU23 ) this morning is up +1.02 (+1.23%), and Sep RBOB gasoline (RBU23 ) is up +6.70 (+2.35%). Crude oil and gasoline prices this morning are moderately higher, with crude climbing to an 8-3/4 month high. Oil prices are higher on concern that Russian crude oil...

Crude Oil Rallies on Concern About Escalation in the Russia-Ukraine War

Crude Oil Rallies on Concern About Escalation in the Russia-Ukraine War

September WTI crude oil (CLU23 ) on Tuesday closed up +0.98 (+1.20%), and Sep RBOB gasoline (RBU23 ) closed up +4.07 (+1.45%). Crude oil and gasoline prices Tuesday shook off early losses and closed moderately higher on concerns about disruptions to Russian crude supplies. Ukraine President Zelensky said his country...

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Crude Undercut by Concern about Weak Chinese Energy Demand

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is down -0.37 (-0.13%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy prices. Also, concerns about China's economy are undercutting crude prices...

India's import of Russian oil scales new high in May

India’s import of cheap Russian oil scaled another record and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the U.S., industry data showed. India took 1.96 million barrels a day from Russia, 15% more than the previous according to data from energy cargo tracker…

Crude Prices Fall Back as They Follow Stock Prices Lower

June WTI crude oil (CLM23 ) on Friday closed down -0.31 (-0.43%), and June RBOB gasoline (RBM23 ) closed up +0.78 (+0.30%). Crude oil and gasoline prices Friday gave up an early advance and settled mixed. A risk-off sentiment weighed on crude prices Friday after stocks retreated from an early...

Three crew missing after blaze on ageing tanker off Malaysia

Malaysian maritime authorities were searching on Tuesday for three crew missing from a Gabon-registered tanker a day after the 26-year-old vessel caught fire in waters off the southern coast.

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Russia Becomes India's Top Oil Supplier In October

Russia Becomes India's Top Oil Supplier In October

Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa. Read more on Dynamite News:

Dozens of ships carrying LNG linger around Europe’s coast

Dozens of ships carrying LNG linger around Europe’s coast

The tankers are carrying a combined $2bn in natural gas and slowly sailing around northwest Europe.

Red-hot refining margins in Asia start to cool

Red-hot refining margins in Asia start to cool

Asia’s red-hot fuel markets are cooling off as demand starts to ease while refiners keep processing rates high, dragging down the industry’s margins across the region.

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