Oil futures edged higher in Asian trading. However, near-term prices for global crude oil are likely to remain capped due to supply risks and potential trade challenges, GivTrade said.
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...
Commercial open interest for WTI, RBOB and New York Harbor ULSD futures decreased 141,573 lots to 3.006 million. On the New York Mercantile Exchange, total commercial and swap trader longs fell 75,363 ...
Shares in Chevron (CVX) and Exxon Mobil (XOM) were little changed on Monday amid a highly volatile session for crude oil ...
Oil futures climbed, but pared some of the early gains that had lifted WTI to intraday highs above $75 a barrel. Trump on ...
Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...
Similarly, the CME Group noted a single-day volume record for weekly crude oil options on October 18, with 58,132 contracts exchanged. This surge in trading activity reflects heightened concerns over ...
In Canada's arsenal of possible responses to a Trump tariff, the nuclear option is the threat to withhold ... Herman points out that unless the U.S. exempts crude oil from any general tariff ...
The International Energy Agency (IEA) believes that new U.S. sanctions against russia could significantly disrupt the supply of russian oil to the world market ... measures could result in a ...
LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.