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A service for energy industry professionals · Wednesday, March 26, 2025 · 797,204,833 Articles · 3+ Million Readers
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Brent Crude News Monitoring

  • Published on 01:50 GMT

    Oil Rises on Larger Than Expected Crude Draw

    The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels for the week ending March 21. Analysts had expected a dip of 2.5 million barrels. So far this year, crude oil inventories have …

    Source: Oil Price - Neutral
  • Published on 00:29 GMT

    U.S. crude oil inventories down last week: API

    The American Petroleum Institute (API) on Tuesday reported a decrease of 4.600 million barrels of crude oil in U.S. inventories for the week ending March 21, APA reports citing Xinhua. Analysts were expecting a decline of 2.500 million barrels for the week …

    Source: APA - Label Pending
  • Published on Mar 25, 2025

    Canadian Financial Close: Loonie, crude oil show small increases

    The Canadian dollar peaked above the 70-cent mark on Tuesday, but it closed a shade below it. The loonie finished at US$0.6995 or US$1=C$1.4296, compared to Monday’s close of US$0.6984 or US$1=C$1.4318. The United States Dollar Index retreated 0.10 of a …

    Source: MarketsFarm - Label Pending
  • Published on Mar 25, 2025

    Trump's Tariffs on Venezuelan Crude Spark Bullish Sentiment in Oil Markets

    Trump's decision to place sanctions on any country buying Venezuela's oil has sparked some bullishness in oil markets this week. - As London-based energy major Shell (LON:SHEL) issued its 2024 annual report ahead of this year’s Annual General …

    Source: Oil Price - Neutral
  • Published on Mar 25, 2025

    Canadian Dollar and Business Outlook: Loonie, crude oil make gains

    Glacier FarmMedia | MarketsFarm – The Canadian dollar surpassed the 70 United States cent mark on Tuesday morning. The loonie was at US$0.7003 or US$1=C$1.4280 as of 8:32 a.m. CDT, compared to Monday’s close at US$0.6984 or US$1=C$1.4318. The U.S. Dollar …

    Source: Alberta Farmer Express - Label Pending
  • Published on Mar 25, 2025

    Gunvor Shakes Up Leadership After Crude Oil Trading Losses

    (Bloomberg) -- Gunvor Group is renewing its leadership team after taking some hits in crude oil trading last year including a bullish North Sea play that went wrong, according to Chief Executive Officer Torbjörn Törnqvist. Most Read from Bloomberg The …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 25, 2025

    Stratas Advisors Thinks Brent Will Move Higher This Week

    In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that, “for the upcoming week”, it thinks the price of Brent crude “will move higher and will test $73.00” per barrel. Stratas Advisors outlined in the report …

    Source: Rigzone - Neutral
  • Published on Mar 25, 2025

    Crude Oil Prices Jump as Secondary Tariffs Threaten Venezuelan Crude Exports

    Risk assets rose amid suggestions that the Trump administration would take a more measured approach with tariffs. Oil got an additional boost after the US announced secondary tariffs on buyers of Venezuelan oil Energy – Secondary Tariffs on Venezuelan Oil …

    Source: Investing - Neutral
  • Published on Mar 25, 2025

    Crude oil futures flat despite Trump’s new tariff threat

    Crude oil futures traded flat on Tuesday morning, despite the US threatening a 25 per cent tariff on US imports from countries buying oil from Venezuela. This tariff would come into effect on April 2. At 9.56 am on Tuesday, June Brent oil futures were at $ …

    Source: The Hindu Business Line - Neutral
  • Published on Mar 25, 2025

    Dangote refinery, others may import $1.4bn crude monthly

    The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude oil to achieve full operational capacity in six months, The PUNCH reports. This means the refiners may spend …

    Source: Punch - Uncategorized
  • Published on 02:41 GMT

    Stocks gain, dollar drifts as traders ponder Trump tariff outlook

    TOKYO : Asian stocks followed Wall Street higher on Wednesday and the U.S. dollar meandered as markets awaited clarity on President Donald Trump's trade policy ahead of a new round of tariffs next week. Traders received some hope on flexibility from …

    Source: Channel News Asia - Pro-Government
  • Published on Mar 24, 2025

    CRUDE CONSEQUENCES: Trump says any country buying Venezuelan oil and gas will face staggering tariffs on all US trade

    Donald Trump announced a "secondary tariff" on Venezuelan gas and oil on Monday in a lengthy Truth Social post. Any countries that purchase the South American country's natural resources will then be slapped with 25% tariffs for any trade …

    Source: Irish Star - Center-left
  • Published on Mar 24, 2025

    Crude Oil Prices Soar Amid Growing Sanctions Risks

    Oil prices posted their first weekly gain since January, driven by heightened supply concerns following a fresh wave of sanctions on Iranian crude exports. As of Monday’s global commodity market session, Brent crude edged close to $72 per barrel, while U.S …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on 04:55 GMT

    Oil near three-week high on supply fears, U.S. stocks drop

    Oil prices edged higher on Wednesday on supply concerns with the U.S. stepping up efforts to limit Venezuelan and Iranian oil exports, while a bigger-than-expected drop in U.S. crude inventories also lent support. Brent crude futures gained 20 cents, or 0. …

    Source: Zawya - Uncategorized
  • Published on 05:28 GMT

    Renaissance: Trans Niger Pipeline Restored After March 17 Attack

    •Oil price falls as Russia, Ukraine agree to Black Sea truce Emmanuel Addeh in Abuja Nigeria’s Trans Niger Pipeline (TNP) has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance spokesperson, Tony Okonedo, …

    Source: This Day - Pro-Government
  • Published on 00:45 GMT

    Oil edges higher on tighter supply concerns

    By Stephanie Kelly (Reuters) - Oil prices climbed on Wednesday in early Asia trade on concerns of tighter supplies after U.S. President Donald Trump threatened tariffs against countries importing oil and gas from Venezuela and after U.S. crude inventories …

    Source: Yahoo Finance - Label Pending
  • Published on 02:51 GMT

    Oil edges lower after Russia, Ukraine agree to Black Sea truce

    By Nicole Jao NEW YORK (Reuters) – Oil prices fell on Tuesday after Ukraine’s President Volodymyr Zelenskiy agreed to a truce with Russia covering the Black Sea and energy infrastructure, though crude prices drew support from the prospect of tighter global …

    Source: The Print - Neutral
  • Published on 02:51 GMT

    Oil falls after Russia, Ukraine agree to Black Sea truce

    By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Tuesday after Ukraine’s President Volodymyr Zelenskiy agreed to a truce with Russia covering the Black Sea and energy infrastructure, though crude losses were limited by the prospect of global supply …

    Source: The Print - Neutral
  • Published on 03:12 GMT

    Stock market today: Asian markets make modest advance after a slow day on Wall Street

    BANGKOK – Asian markets opened higher on Wednesday after a quiet session on Wall Street as buying slowed after a broad rally the day before fueled by hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. Hong Kong's Hang …

    Source: WKMG 6 - Florida - Neutral

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