Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, ...

With the rise in crude oil prices to more than $80 per barrel from $74 per barrel last week, Dangote Petroleum Refinery increased its wholesale price to N950 per litre from N895 per litre ...

Last week’s closing was the highest weekly closing price ... rising trendline for the near-term uptrend. Further, the 50-Week MA (not shown) is at 76.37, also in today’s support zone. Crude ...

Oil prices fell for the sixth session, with WTI crude nearing $74, marking its worst week since November. Rising geopolitical tensions and energy policy uncertainty continue to pressure market ...

​The rally from the lows of mid-December is intact, and with the price now through the $2720.00 level the next target is the ...

Pump prices will likely keep rising ahead of the larger seasonal increases that we normally see later in the season, especially if crude oil prices remain above $75 per barrel. Oregon is one of 45 ...

Imports of Russian crude oil to China reached a record high in 2024, rising by 1% compared to 2023, Reuters reported on Jan.

The rising crude oil prices are adding to concerns about the profitability of oil marketing companies such as BPCL. The higher cost of crude oil impacts the marketing margins that OMCs earn if the ...

Because the supply of crude oil is limited but demand is constantly increasing, the price of oil is also continuously rising. Because crude oil is needed to manufacture other primary materials ...

Oil prices were rising early Wednesday ... The U.S. is already a net oil exporter, but it still imports a lot of crude and fuel from Canada. On Monday, Trump said 25% tariffs on Canadian imports ...

“It is too early to claim peak oil,” says Meg O’Neill, the chief executive of Woodside, Australia’s largest oil and gas ...