Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...
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