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 ...
Restarting the Santa Ynez Unit oil infrastructure locks us into decades of pollution; pipeline failure would lead to ...
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.
U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week as seasonal maintenance at refineries ...
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.
The current oil price is too compressed, creating a large bias for Chevron’s profits in upward direction. Click here to read ...
A drone attack on a crude oil pipeline supplying the Black seaport of Novorossiysk has seen crude oil flows to the port ...
"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 ...
Oil prices were easing in early trade amid concerns about U.S. trade tariffs and an industry report showing a buildup in U.S.
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