Asset
crude oil
Crude oil is a naturally occurring, unrefined petroleum product that is extracted from the ground and serves as a primary raw material for producing fuels like gasoline, diesel, and jet fuel.
Why it’s in the news: It is in the news due to its price volatility impacting global markets, geopolitical tensions affecting its supply, and major economies planning to reduce their reliance on it.
Latest on crude oil
- As charter rates soar to $1M a day, crude oil trader pivots to buying ships
- South Korea plans to cut its reliance on Middle crude oil imports to 50% by 2035
- JGB Futures Rise Amid Falling Crude Oil Prices
- Takaichi stresses secure crude oil supplies as U.S.-Iran war spirals
- CFTC to Stay Self-Certified Contract on 24/7 Trading for Crude Oil Futures
- Government Bonds in Asia-Pacific Fall Amid Higher Crude Oil Prices
- Naphtha, a flammable liquid processed from crude oil
- crude oil prices surging past $100 per barrel
- Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months
- India likely past peak outflows, AI gap its advantage, Lighthouse Canton says
- geo backbone
Connections
18 entities linked to crude oil across the news graph.
Under pressure from (1)
Also connected to (17)
Exxon MobilOccidental PetroleumRelianceAramcoStrait of HormuzStrait of MalaccaSuez CanalPort of SingaporeRupee undervalued; RBI will ensure stability in INR, helping it find its correct valueThe S&P 500 is back in record territory as the ‘Magnificent Seven’ ride to the rescueDangote and Ruto break ground on $16bn Kenyan refineryDire Straits: How the United States Could Break Canada to Own ItAs charter rates soar to $1M a day, crude oil trader pivots to buying shipsWhy a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikesIndiaSaudi Aramconaphtha