The Latest Breaking News from Vortexa

September WTI crude oil (CLU23 ) this morning is up +1.02 (+1.23%), and Sep RBOB gasoline (RBU23 ) is up +6.70 (+2.35%). Crude oil and gasoline prices this morning are moderately higher, with crude climbing to an 8-3/4 month high. Oil prices are higher on concern that Russian crude oil...

September WTI crude oil (CLU23 ) on Tuesday closed up +0.98 (+1.20%), and Sep RBOB gasoline (RBU23 ) closed up +4.07 (+1.45%). Crude oil and gasoline prices Tuesday shook off early losses and closed moderately higher on concerns about disruptions to Russian crude supplies. Ukraine President Zelensky said his country...

Mumbai (AFP) - India is snapping up discounted crude from Russia, refining it and selling it, becoming a key supplier to Europe as it reshapes global fuel flows more than a year into Moscow's war in Ukraine.

Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa. Read more on Dynamite News:

The tankers are carrying a combined $2bn in natural gas and slowly sailing around northwest Europe.

Asia’s red-hot fuel markets are cooling off as demand starts to ease while refiners keep processing rates high, dragging down the industry’s margins across the region.