Read more about the article Oil settles up on distillate strength, supply concerns
My View Following Saved May 2, 2022 3:47 PM EDT Last Updated 21 hours ago Oil settles up on distillate strength, supply concerns By Laura Sanicola 3 minute read Storage tanks at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S. Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/Files

Oil settles up on distillate strength, supply concerns

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products,…

Continue ReadingOil settles up on distillate strength, supply concerns

Oil falls 3% as investors focus on weak China economic activity

Price action West Texas Intermediate crude for June delivery CL.1, -3.76% CL00, -3.74% CLM22, -3.73% slumped $3.95, or 3.8%, to $100.74 a barrel on the New York Mercantile Exchange.July Brent crude BRN00, -3.29% BRNN22, -3.41%, the global benchmark, dropped $3.82, or 3.5%,…

Continue ReadingOil falls 3% as investors focus on weak China economic activity

A Tanker’s Giant U-Turn Reveals Strains in the Market for Russian Oil

Oil Tanker Takes a Meandering Path In the AtlanticSource: MarineTraffic.comhttps://www.nytimes.com/2022/04/02/climate/oil-tankers-russia.html The ship, originally sailing to Philadelphia, apparently lost its buyer in the middle of the Atlantic. A number of tankerscarrying…

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Read more about the article Oil rises on concerns global political risks could tighten supplies
A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File Photo

Oil rises on concerns global political risks could tighten supplies

Reuters: A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File Photo NEW YORK, Jan…

Continue ReadingOil rises on concerns global political risks could tighten supplies