Post Tagged with: "US crude"

Source: World Oil

Oil prices climb as U.S. crude, gasoline inventories tighten

World Oil

SINGAPORE (Bloomberg) –Oil gained after a U.S. industry report showed another decline in inventories of crude and gasoline, signaling a tightening market.

Global benchmark Brent rose above $74, while West Texas Intermediate advanced for a fourth day. The …

Source: Reuters

U.S. becomes India’s second biggest oil supplier, Saudi plunges to No. 4


NEW DELHI – The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed.…

Source: Reuters

First U.S. crude oil shipment heads to Belarus this week: Pompeo


WASHINGTON – The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.

The shipment involves by U.S. firm United Energy Trading, with the …