News

U.S. crude oil inventories fell by 4.3 million barrels, more than the estimated drop of 1.3 million barrels.
Both crude units at BP's Rotterdam oil refinery are offline following a shutdown at one 200,000 barrels per day (bpd) unit in ...
OPEC+ agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...
Declining crude oil prices are pressuring profitability in the oil and gas industry, leading to potential cuts in upstream ...
A meaningful upside in oil prices seems limited as the recent rally has been driven more by geopolitical risks than by ...
In the absence of a poor Corn Belt growing season, there may be little to stop crude oil’s deflationary path from trickling ...
Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, but product inventories ...
Crude oil futures fell on Wednesday morning as the OECD (Organisation for Economic Cooperation and Development) lowered its ...