HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, ...
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
WTI oil moved away from session highs as traders reacted to the EIA report, which showed that crude inventories increased by ...
US crude oil inventories fell by 770,000 barrels during the week ended Nov. 8, with Cushing crude oil stocks falling by 1.9 ...
Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.
Oil prices edged lower in early European trading, pressured by a stronger U.S. dollar and a gloomy demand outlook. Brent crude and WTI are both down 0.4% at $72.02 and $68.14 a barrel, respectively.
There are two main benchmarks for pricing Crude Oil: WTI (West Texas Intermediate) from USA and Brent from UK. West Texas Intermediate (WTI) crude oil is of very high quality. It has API gravity ...
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January ...
The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.
The United States is expected to increase domestic production of crude oil under the upcoming presidency of Donald Trump, ...