Petrol Haberleri

The UK is doubling down on accelerating clean energy rollout as it aims to boost homegrown electricity production to reduce the influence of volatile natural gas prices on power bills, the government said on Tuesday. The Labour government is unveiling today measures to better protect households from

India’s total crude oil imports declined by 13% in March from February as the Iran war crippled Middle Eastern supply that couldn’t be offset by record-high Russian oil imports. India, the world’s third-biggest crude oil buyer, imported a total of 4.5 million barrels per day (bpd) of crude in March,

TD Securities’ James Rossiter notes that Oil prices are stabilizing slightly above $90 per barrel, with Brent trading in a $90–100 range since the ceasefire began.

The United States is “highly unlikely” to extend the U.S.-Iran ceasefire that expires in the coming hours, U.S. President Donald Trump told Bloomberg News in a telephone interview late on Monday. The truce announced on April 7 expires on “Wednesday evening Washington time,” according to President Tr

The United States is set to export a record-breaking 5.44 million barrels of crude daily this month, data from Kpler cited by Reuters’ Clyde Russell has shown. In May, U.S. oil exports are set for further growth, to 5.48 million barrels daily. Most of the tankers are heading to Asia, Russell reporte

The New Zealand Dollar (NZD) appreciates for the second consecutive day against the US Dollar (USD) on Tuesday, fuelled by stronger-than-expected New Zealand inflation figures and a moderate optimism about a resolution of the Middle East conflict.

Pakistan is paying an all-time high premium of $34 per barrel on petroleum product imports amid the supply crunch caused by the war in the Middle East. Previously, Pakistan State Oil was paying around $12 per barrel over benchmark prices, the Express Tribune reported, citing a letter by the state co

The USD/CAD pair remains on the defensive around 1.3650 during the early European session on Tuesday. Rising oil prices due to Middle East tension provide some support to the commodity-linked Loonie.

Commerzbank’s Volkmar Baur notes New Zealand inflation at 3.1% year-on-year, slightly above the Reserve Bank of New Zealand (RBNZ) target, and warns that higher energy prices could push it further. He sees a possible rate hike in late May, which might briefly support the New Zealand Dollar (NZD).

West Texas Intermediate (WTI) oil price declines after registering modest gains in the previous day, trading around $85.40 per barrel during the Asian hours on Tuesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.00 during the Asian trading hours on Tuesday. The WTI price edges higher as tensions rise between the United States (US) and Iran.

USD/CAD remains subdued for the seventh consecutive day, trading around 1.3640 during the Asian hours on Tuesday.

A couple of weeks ago, we reported that traders had ramped up bearish bets on oil prices, with traders pouring nearly $1 billion into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet on falling prices following war-driven highs. This massive buildup in bearish sentiment came s