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Iraq, Outlook and Crude Oil

Crude Oil Prices Erase Early Gains on the Outlook for Iraq to Boost Crude Exports

WTI crude oil (CLQ25) today is up +0.02 (+0.03%), and August RBOB gasoline (RBQ25) is down -0.0114 (-0.53%). Crude oil prices today gave up an early advance and are little changed, amid concerns that Iraq will soon boost its crude exports after approving a plan for its semi-autonomous Kurdish region to resume crude exports through the

· 14h

Crude oil prices rise after drone attacks on Iraqi oilfields

· 1d

Crude Oil Price Outlook – Crude Oil Continues to See Support

Oil prices rise

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OilPrice.com · 4h

Oil Prices Climb as EU Sanctions Target Russian Trade

The EU's 18th sanctions package against Russia, targeting oil trade and closing loopholes, has driven up oil prices, with Brent Crude returning above $70 a barrel.

· 11h · on MSN

EU lowers price cap for Russian crude under new sanctions package

· 5h

Oil prices rise after new EU sanctions on Russia

· 6h

Russia's Medvedev says Moscow will withstand new EU sanctions, escalate strikes on Ukraine

Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukrai...

· 2h

The EU and UK hit Russia with new sanctions. Moscow’s energy revenue and spies are targeted.

· 6h

EU 'standing firm' with new 'essential' sanctions on Russia

· 10h

The EU targets Russia's energy revenue and shadow fleet with new sanctions over Ukraine war

Kallas said the EU move amounts to “one of its strongest sanctions packages against Russia to date” linked to the war, which is now in its fourth year.

· 9h

Oil edges higher after EU new sanctions on Russia

· 12h

Oil rises after EU new sanctions on Russia, tight market supports

Crude Oil Price – Crude Continues to See Support

The crude oil market continues to see a lot of buying on short-term pullbacks, as the market looks at the same support levels. At this point, the season trade is in effect, although it is slow this year.

China's surplus crude oil surges in June, giving refiners options

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years outweighed a rise in refinery processing.

Oil steadies as mixed US economic and tariff news offset new Russia sanctions

Separately, U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%, even if a deal is reached.

2hon MSN

Oil, LNG exports fuel record-setting first half at Corpus Christi port

Exports of crude oil, liquefied natural gas and bulk materials take the port past the 100 million mark in the first half for the first time in its history.

6hon MSN

Russia crude oil restrictions: EU imposes sanctions on Rosneft's India refinery, lowers oil price cap - how it may benefit India

The EU has intensified sanctions against Russia, targeting oil revenues and military capabilities due to the Ukraine conflict. These measures impact a

India's oil minister sees scope for lower fuel prices if crude prices remain stable

India has the scope to cut fuel prices if crude oil prices stay at current levels for the next two to three months, Oil Minister Hardeep Singh Puri said on Thursday.

5hon MSN

BC-Crude Oil Futures

NEW YORK (AP) — Prices as of 10:00:00 AM Friday, July 18.Light Sweet Crude (NYMX)1,000 bbl.- dollars per bbl.ContractOpenHighLowLastChangeToday's VolumeThursday's VolumeAug 2567.6068.9667.4368.21+.6731802161828Sep 2566.3167.5466.1266.88+.65113701240293Oct 2565.2466.3365.0465.76+.6148333124865Nov 2564.5465.4964.3565.03+.602161157393Dec 2564.0564.9063.8764.51+.574134872149Jan 2663.7064.5163.6164.34+.701130214335Feb 2663.3964.2463.3964.00+.56642112211Mar 2663.2964.0563.2963.83+.521431317706Apr 2663.4663.9163.2663.81+.5834052240May 2663.4163.7763.4163.67+.509601162Jun 2663.1563.7663.1463.58+.461323615422Jul 2663.2263.6563.0963.43+.37442757Aug 2663.2063.3863.2063.38+.364681197Sep 2663.0063.0363.0063.00+.0210951846Dec 2663.0663.5562.9263.35+.321077317864Jun 2763.0663.5263.0663.39+.2921502504Dec 2763.2763.6163.1663.41+.1523003323Est vol 324,819Thu.'s vol 749,398Open int 2,111,976Open Interest Change -55399

OilPrice.com22h

4 Oil Market Myths That Just Won’t Die

Oil prices are influenced by a complex interplay of supply, demand, and geopolitical events, not solely by OPEC or U.S. presidents.