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Platts 10/27/2020 16:57
Energy prices settled higher Oct. 27 as US Gulf of Mexico operators shut in crude...
More from Platts: 10/27/2020 07:47
Crude oil futures edged higher to Rs 2,879 per barrel on October 27 as participants increased their long positions.
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Economic Times (India) 10/26/2020 05:54
Globally, West Texas Intermediate crude oil fell 3.39 per cent to USD 38.50 per barrel, while Brent crude was trading 3.18 per cent lower at USD 40.44 per barrel in New York.
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MarketWatch 10/23/2020 14:46
Oil futures on Friday settled with a loss, as rising oil exports from Libya and ongoing worries about energy demand pulled U.S. prices below the $40 mark. Libya's National Oil Corporation said it lifted force majeure on its shipping commitments from the Es Sider and Ras Lanuf ports, Reuters reported Friday-meaning that the ports can meet contractural obligations on oil exports. Libya's "exports could surpass one million [barrels per day] in four weeks," said Marshall Steeves, energy markets analyst at IHS Markit. Libya resumed oil exports last month after the lifting of an eight-month blockade that had halted exports. December West Texas Intermediate crude fell 79 cents, or 1.9%, to settle at $39.85 a barrel on the New York Mercantile Excha.
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Arab News (Saudi Arabia) 10/12/2020 07:46
Author:. Reuters. ID:. 160250279135295. Mon, 2020-10-12 11:36. DUBAI: Intercontinental Exchange said on Monday it planned to launch ICE Futures Abu Dhabi (IFAD) and trading in Murban futures contracts late in the first quarter of 2021. Abu Dhabi National Oil Company (ADNOC) said last year its flagship Murban crude would be traded on a new local exchange, IFAD, that would be owned by Abu Dhabi, several oil firms and ICE, the home to trading in Brent crude. “ICE Murban Futures will be a physically delivered contract with delivery at Fujairah in the United Arab Emirates (UAE) on a free on board (FOB) basis,” ICE said in a statement. The contract “will be complemented with a range of cash settled derivatives which IFAD plan to launch for day one of


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