Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the ...

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

An expert analyzes how China is responding to a new set of global challenges. China’s growing engagement in the Middle ...

Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said, part of an effort by the Chinese firm to step up oil trading in Asia. The ...

For decades, the world has looked to the Middle East as the heart of global oil production,a region synonymous with vast ...

Oil prices skyrocketed more than 12% on June 13, following a major military escalation in the Middle East. Brent crude jumped above $78 per barrel, while WTI crude rose to nearly $77 — the ...

The shale revolution — when newer technology like fracking unlocked more oil from U.S. oil fields — lessened the world's dependence on crude from the Middle East.

Oil Soars On Middle East Escalation Jun. 13, 2025 2:15 AM ET Crude Oil Futures (CL1:COM), NG1:COM DBE, USO, DBO USL BNO OILK USOI OLOXF UCO UNG UNL BOIL FCG CL1:COM NG1:COM 5 Comments ...