The crude oil market are a bit lower in the early hours of Friday, as we are a bit overextended at the moment in both the CL ...
The incoming US administration is considering good-faith measures to ease sanctions if things move forward. Or, if not, then ...
The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, from ...
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," ...
Oil futures traded modestly lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies, though the agreement has yet to take ...
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
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 ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...