U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...
US refiners are increasingly importing heavy crude oil from South America, particularly the rare Bretaña grade from Peru, to ...
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...