WTI oil is losing ground as the oil market continues to stabilize after the recent rally. A move below the support at $77.00 ...
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 prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions ...
Fire at One of World's Largest Battery Plants Prompts Evacuations in California A fire at a major battery-storage plant in Northern California prompted the evacuation of nearby residents.
Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a ...
Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy ...
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.