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Tag: crude

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What is CBOB gasoline?

The world of gasoline is more complex than it may initially appear, with various types and blends designed to meet different regulatory standards and...

Oil Set for Weekly Gain on Signs of Strengthening Demand

Oil prices advanced during Asian trading on Friday, marking a significant weekly gain for global benchmark Brent, its first increase in three weeks. The...

Oil Prices Hold Steady, Poised for Modest Weekly Gains Amid Optimism on Demand

Oil prices exhibited minimal movement in Asian trading on Friday but were on track for a mildly positive week, buoyed by a softer dollar,...

Oil Prices Rally as Soft CPI Weakens Dollar and US Inventories Decline

Oil prices surged in Asian trading on Thursday, extending gains from the previous session as a softer-than-expected U.S. consumer inflation reading weakened the dollar...

Oil Prices Surge Amid Slower US Inflation and Robust Demand

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Japan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan stocks ended the trading session on Thursday on a positive note, with gains seen in the Manufacturing, Mining, and Precision Instruments sectors leading...

European Stocks Retreat Despite Global Rally on Downbeat Earnings

European stocks experienced a slight retreat on Thursday despite a global rally fueled by U.S. inflation data, as investors grappled with disappointing earnings reports. As...

What happens to old gasoline?

Gasoline is a vital fuel that powers millions of vehicles worldwide, but what happens when gasoline gets old? Over time, gasoline can degrade and...

API Reports 3.1 Million Barrel Decline in U.S. Crude Stockpiles Last Week

The American Petroleum Institute (API) disclosed on Tuesday that U.S. crude inventories experienced a more pronounced decline than anticipated last week, signaling an uptick...

Oil Prices Ascend as US Inventories Decline; Attention Shifts to CPI Inflation

In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....

Oil Prices Settle Higher Amid Signs of China’s Economic Recovery; US CPI Looms

Oil prices concluded higher on Monday, buoyed by indications of an improving economy in China, which fueled hopes for increased demand, even as wildfires...

Oil Prices Inch Up Amid Tighter Supply Outlook

Oil prices saw an increase on Tuesday as the balance between supply and demand appeared poised to tighten due to operational disruptions, robust demand,...

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