Latest News for: Oil trading

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Crude oil futures jump over 2% after Israeli missiles target Iranian facility

Business Line 19 Apr 2024
Crude oil futures traded more than 2 per cent higher on Friday morning following the attack by Israeli missiles on a strategic facility in Iran.
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Pop-Up Russian oil traders emerge as US tightens sanctions grip

Deccan Herald 19 Apr 2024
With the support of these merchants, as well as the ones that came before, India’s imports from Russia surged from almost zero pre-Ukraine war to a peak of over two million barrels a day last year, ...
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Abu Dhabi non-oil foreign trade grows 8 per cent in 2023

Gulf News 19 Apr 2024
Abu Dhabi Customs' statistics show growth of more than Dh281.9 billion in non-oil foreign trade in 2023, with 8 per cent growth compared to 2022, recording more than Dh260.4 billion ... Non-oil foreign ...
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Abu Dhabi non-oil foreign trade in grows 8 per cent in 2023

Gulf News 19 Apr 2024
Abu Dhabi Customs' statistics show growth of more than Dh281.9 billion in non-oil foreign trade in 2023, with 8 per cent growth compared to 2022, recording more than Dh260.4 billion ... Non-oil foreign ...
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Oil prices get short-lived boost from attack on Iran

CNN 19 Apr 2024
The oil market’s biggest fear is that a wider war could disrupt shipping through the Strait of Hormuz, a narrow waterway off Iran’s southern border through which more than a quarter of global maritime oil trade flows each day.
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UAE and Colombian Presidents witness signing of UAE-Colombia Comprehensive Economic Partnership Agreement

Gulf News 19 Apr 2024
The UAE-Colombia CEPA follows an impressive increase in bilateral non-oil trade, which climbed 43% to reach an all-time high of $53.1 million in 2023 - more than double the total achieved in 2021.
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Oil Prices Erase Gains as Iran Downplays Reports of Israeli Missile Attack

Oil Price 19 Apr 2024
Oil prices gave up ... Oil surged by as much as $3 per barrel in Asian trade early on Friday after a U.S.
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Oil disruption fears in the Middle East are getting real after reports of an Israel ...

Business Insider 19 Apr 2024
Oil prices jumped while stocks sold off after reports of an escalation in Middle East tensions ... International benchmark Brent crude oil futures rose as much as 4.2% before trading 2.8% higher at $89.54 a barrel at 11.15 p.m.
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Rupee falls 6 paise to 83.58 against US dollar in early trade

The Siasat Daily 19 Apr 2024
The rupee depreciated 6 paise to 83.58 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities and elevated crude oil prices ... in early trade on Friday.
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Vessels transiting the Gulf, Western Indian Ocean should stay alert: Ambrey

LBC International 19 Apr 2024
Earlier, the United Kingdom Maritime Trade Operations (UKMTO) agency said it had seen similar reports but that there were no indications commercial maritime vessels were the intended target of the strike.
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Oil Pares Gain After Iran Downplays Israel’s Retaliatory Attacks

Hindustan Times 19 Apr 2024
Oil pared an earlier jump, after Iranian media appeared to downplay retaliatory strikes following last weekend’s unprecedented bombardment of Israel. Oil Pares Gain After Iran Downplays Israel’s Retaliatory Attacks.
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Venezuela slams US over reimposition of 'criminal' oil sanctions

Press TV 19 Apr 2024
Following the announcement of sanctions on Venezuela and Iran, along with rising tensions in West Asia, oil prices rose in early trade on Thursday ... Since 2019, US sanctions have banned state-run oil company PDVSA from exporting to its chosen markets.
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Profit Taking Is Putting Downward Pressure on Oil Prices

Oil Price 19 Apr 2024
Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant ...
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Oil jumps more than 3% on Middle East worries

The Philadelphia Inquirer 19 Apr 2024
HONG KONG, China — Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of ...
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