Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...
After a bullish start to the holiday-shortened trading week, oil prices look to settle lower on market uncertainty as ...
U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week as seasonal maintenance at refineries ...
Crude oil remains in a bearish retracement despite a short-term bounce. Key resistance levels near $73.15 may cap gains, while downside potential remains open.
Oil prices strengthened on Monday as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from ...
The current oil price is too compressed, creating a large bias for Chevron’s profits in upward direction. Click here to read ...
Reduced Russian crude output tightened global oil supplies and supported prices after Russian oil production fell to 8.062 million bpd in January, which was -16,000 bpd below its OPEC+ quota.
A drone attack on a crude oil pipeline supplying the Black seaport of Novorossiysk has seen crude oil flows to the port ...
President Trump announced plans to rapidly refill the Strategic Petroleum Reserve (SPR), which had been significantly ...
"Even Saudi Arabia is now moving quickly into wind and solar power and is set to drastically reduce crude and fuel oil consumption in its electricity sector. Demand for other fuels is limited too." ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
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