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US crude oil

US crude oil latest

India’s largest refiner drops US crude, turns to Africa and Middle East
September 5th, 2025 - 05:20 GMT
Osama Ali

Osama Ali

India’s largest refiner drops US crude, turns to Africa and Middle East

ALBAWABA - According to Reuters on Thursday, the Indian Oil Corporation (IOC), the country's largest state-owned refiner, has stopped buying U.S. crude oil in its most recent tender and is instead getting supplies from West Africa and the Middle East. Reuters says that IOC bought 2 million barrels of West African crude oil and 1 million barrels of Middle Eastern crude oil, according to industry sources. The deal includes 1 ...
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US Energy Department raises oil price forecasts for 2023-24, increases US crude output estimates
April 12th, 2023 - 08:17 GMT

US raises oil price forecasts for 2023-24

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