Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

Oil futures traded a bit lower on Friday, but were on track for a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over ...

Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy ...

Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

TOKYO (Reuters) - Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply ...

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Oil edged down and MUFG said prices were unlikely to hold on to current levels due to Russia’s aggressive crude discounting, OPEC+’s spare capacity and a projected global surplus this year.

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...