Oil, Saudi Arabia
Crude oil prices today: WTI prices are up 7.38% this year
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark for U.S. oil prices in the trading world.
Oil kicks off week with gains after Saudi Arabia raises prices to Europe, Asia
State-owned producer Saudi Aramco on Sunday said it was raising June prices for crude delivered to Northwest Europe, Asia and the Mediterannean.
Oil edges higher on renewed Middle East tensions, Saudi price hikes
Crude oil prices edge higher as Middle East tensions rise amid Israeli preparations for a possible military offensive in Gaza, and Saudi Aramco raised official selling prices for June.
Oil prices climb on Middle East tensions, Saudi price hike
Oil prices (CL=F, BZ=F) are climbing higher on Monday as hopes of a Gaza-Israel ceasefire agreement are slimming. Additionally, Saudi Aramco's decision to raise oil prices has contributed to the rise in Brent crude futures.
Saudi Aramco Raises All Oil Prices for Asia
Saudi Arabia’s oil giant has raised the official selling price of all grades of its exports to Asia, with Arab Light for delivery in June set to rise by $0.90.
Crude Settles Higher After Saudi Arabia Hikes Oil Prices
Crude oil and gasoline prices on Monday settled moderately higher. Sunday's action by Saudi Arabia to raise crude prices for delivery next month for Asian customers signals confidence in global energy demand and is bullish for crude prices. Also ...
Saudi Arabia Hikes Oil Selling Prices for All Grades to Asia
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus.
What's behind Saudi Arabia's increase in crude oil prices for Asian market?
The kingdom wants to restrain oil production to keep demand up, but the increase in prices to Asian customers is more related to refining values, says one expert.
Saudi Arabia Lifts Selling Prices to Asia for All Crude Grades -- Commodities Roundup
Brent crude oil is up 0.8% to $83.66 a barrel. --European benchmark gas is up 5.3% to EUR32.12 a megawatt-hour. --Gold futures are
Oil rises on Saudi Arabia's decision to hike prices, brent crude at $83.39/bbl
Brent crude futures rose by 43 cents, or 0.5 per cent, to $83.39 per barrel at 1300 GMT, while U.S. West Texas Intermediate crude futures climbed to $78.62 per barrel, up by 51 cents, or 0.7 per cent.
Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
ALBAWABA - Oil futures soared on Monday, as Saudi Arabia increases crude prices for June supply across the majority of locations, as Reuters reports, coupled with possibilities of a ceasefire deal in Gaza falling short and Israeli invasion of Rafah kicking off.
Gas prices fall more than 10 cents in Michigan as crude oil prices decline
Michigan gas prices continue to yo-yo, falling more than a dime in the last week to a statewide average of $3.60 a gallon for ...
American oil tycoon accused of trying to conspire with OPEC to inflate prices
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
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Gas prices decrease across Ohio, including Youngstown and Niles
According to Triple A, lackluster domestic demand and lower oil prices have helped stabilize prices at the pump, and the national average for a gallon of gas remained steady over the past week at $3.6 ...
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Oil Prices Under Pressure as Bearish Sentiment Builds
Oil prices are under pressure after the latest U.S. economic data raised the likelihood of higher-for-long interest rates, ...
Drought is driving olive oil prices to staggering new heights
If you’ve been wandering the aisles of your local grocery store wondering why olive oil has gotten so much pricier than you ...
Oil steadies as ceasefire eludes Hamas, Israel
Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude ...
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S.