NYMEX Crude Oil refers to the crude oil futures contracts traded on the New York Mercantile Exchange (NYMEX), which is…
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Front month crude oil is a fundamental concept in the oil market, playing a crucial role in trading and pricing.…
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Oil trading is a critical component of the global oil market. This article delves into what an oil trader does,…
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The global oil market is a complex and crucial part of the world economy. It affects everything from energy prices…
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OPEC+ crude oil production declined by 300,000 barrels per day (b/d) in August, falling to 40.73 million b/d, according to…
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OPEC+ member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual…
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BAKU, Azerbaijan, September 10. – The Organization of the Petroleum Exporting Countries (OPEC) is fully backing Azerbaijan’s cooperative approach towards…
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Despite significant efforts by the government to expand wind and solar energy, natural gas and coal continue to provide more…
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China’s oil demand growth has decelerated due to weaker economic conditions and a transition to electric vehicles (EVs) and LNG-fueled…
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The ongoing shutdown of Libyan oil exports is benefiting several crude oil grades, including Azeri, African, and U.S. grades. However,…