Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is ...

With the way things are going today, it's becoming increasingly hard to figure out what’s going on with the oil market.

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...

The US oil boom has been a highlight of the energy markets over the last few years, with American shale producers pumping vast amounts of crude. According to the Energy Information Agency ...

Seasonals are still important to monitor for ... poultry and pork—also has increased. Crude oil futures prices have been hovering between $65 and $75 a barrel for many weeks.

Crude oil prices ticked lower today, after the U.S. Energy Information Administration reported an inventory draw of 1.2 million barrels for the final week of 2024 but said gasoline and middle ...

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s ...

(Bloomberg) -- Oil began 2025 by rising to the highest since October, buoyed by bullish technical indicators and shrinking US crude stockpiles. West Texas Intermediate jumped 2% to settle above $ ...