RIYADH: Saudi Arabia’s crude production reached a seven-month high of 9.01 million barrels per day in February, data from the Joint Organizations Data Initiative showed. This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month. Furthermore, the data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent. In early April, the Organization of the Petroleum Exporting Countries and its...
China's Crude Oil Imports Hit A Record High In 2023 By Tom Kool of OilPrice.com China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude. Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S....
Petrol prices have hit record highs across major capital cities, with the spike in prices a result of rising wholesale costs, high oil prices and a weak Australian dollar.
WTI Holds Gains After API Reports Unexpected Crude Inventory Draw Oil priced ended notably higher today after recovering strongly from overnight weakness (driven by a Bloomberg report that said fresh U.S. sanctions targeting vessels and refineries handling Iranian oil shipments were having a muted impact on crude supply). If implemented and enforced, the new sanctions could add as much as $8.40 to global prices, according to ClearView Energy Partners, a Washington-based consulting...
By CRAIG MEYER Associated Press DENVER (AP) — Xander Bogaerts had a season-high three hits, Matt Waldron gave up one run in six innings and the San Diego Padres beat the Colorado Rockies 5-2 on Wednesday night. “Getting ahead was the name of my game today,” Waldron said. “(Catcher Kyle Higashioka) and I executed well
In the latest TV ratings: With ABC in rerun mode, CBS’ Young Sheldon was far and away Thursday’s most-watched show, while landing in a three-way tie for the nightly demo win. CBS | Young Sheldon (with 7.2 million total viewers and a 0.5 rating) was down a tick in both measures, Ghosts (6.2 mil/0.5) and […]
Base Resources Limited (LON:BSE – Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as GBX 5 ($0.06) and last traded at GBX 5.40 ($0.07), with a volume of 231673 shares. The stock had previously closed at GBX 5.65 ($0.07). Analysts Set New Price Targets Several research firms […]
Shares of Chipotle Mexican Grill (CMG) hit an all-time high today, climbing 7.35% to $3,142 in afternoon trading. The increase comes after the popular burrito chain reported first-quarter earnings Wednesday and outpaced analysts’ expectations in both earnings and sales. Shares now have risen by more than a third over the past year. The company announced that first-quarter revenue increased by 14% from a year ago to $2.7 billion, which was just above analysts’ expectations of $2.68 billion,...
Shares of Exide Industries Limited zoomed over 6 percent to hit a new
British Smaller Companies VCT (LON:BSV – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 81.50 ($1.01) and last traded at GBX 80 ($1.00), with a volume of 130 shares traded. The stock had previously closed at GBX 81.50 ($1.01). British Smaller Companies VCT […]
TAIPEI: A 5.5-magnitude earthquake struck Taiwan's eastern county of Hualien on Monday (Apr 22), the island's weather administration said, with no immediate reports of damage. The quake, which had a depth of 10km, also shook buildings in the capital Taipei. Hualien was the epicent
Taiwan's capital was shaken by a "strong" earthquake early Monday evening, AFP staff reported, with the Central Weather Administration saying it was a magnitude-5.5 tremor originating in eastern Hualien.