West Texas Intermediate (CL=F) has risen by about $23 per barrel since late June to above ... these inventory dynamics should keep a lid on crude oil prices for the remainder of 2023 and 2024.

could help keep a lid on prices. Last month, Russia said it would deepen its output reduction, prompting JPMorgan analyst Natasha Kaneva to contemplate Brent crude oil reaching $100 per barrel by ...

The millions of barrels of oil the US and other governments are releasing into the global market should help keep oil prices in check this summer, Bank of America said Monday in trimming its ...

US oil prices climbed above $90 a barrel on Thursday for the first time in 10 months, threatening to push gasoline prices even higher and heat up inflation across the economy. High oil prices have ...

1505 ET – Oil futures tread water for much of the session ... with the IEA cutting its 2025 forecast to around 730,000 barrels a day from just over 1 million b/d, following demand downgrades ...

The chief executive of the energy giant beloved by Warren Buffett pointed to the oversupply in the oil market as the main factor keeping a lid on prices ... 103.5 million barrels a day this ...