News

The crude oil markets continue to see a general up trending attitude, but at the same time, it is obviously struggling with ...
Oil prices rose on Thursday, lifted by expected cuts in Russian gasoline supply and optimism over U.S. trade negotiations ...
The last count showed 422 active U.S. oil rigs in operation. That’s comparable to when the pandemic depressed demand for ...
Oil prices fell for a fourth consecutive session on Wednesday, as investors assessed trade developments between the European ...
The crude oil market rallied a bit in the early part of the Thursday session but have also given back a lot of momentum.
Crude oil remained range-bound this week as weak demand signals and underwhelming sanctions failed to outweigh a surprise ...
Crude oil futures finished little changed, with prices consolidating as the market awaits more clarity on the outcome of U.S.
Oil prices eased on Friday and settled at a three-week low as traders worried about negative economic news from the U.S. and China and signs of growing supply.
Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...
WTI fell 3% during the week as traders focused on negative U.S. economic news and signs of growing oil supplies.
Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see ...
Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy ...