News

The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...
U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Click ...
Crude oil closed above the 50-Week line for the first ... a breakout above the trendline and triangle formation will be confirmed. Otherwise, the expectation is for a deeper pullback first.
The 4-hour chart for WTI crude oil shows the formation of a falling wedge pattern, with prices reaching the lower boundary of the pattern at $59. The market became highly oversold at this support ...
To be sure, crude oil output in the top basin continues to ... ratio and water-to-oil ratio in the Permian suggest that some formations in the basin are reaching geological constraints, and ...
May WTI crude oil (CLK25) Friday closed down -4.96 (-7.41%), and May RBOB gasoline (RBK25) closed down -0.1098 (-5.07%). Crude oil and gasoline prices on Friday sank for the second day ...
but the same can't be said for oil. Crude markets on Wednesday seemed to dismiss a White House cue that the ongoing trade war with China could soon tone down, implying less downward pressure on ...
President Donald Trump's 10% tariffs on Canadian and Mexican crude oil imports are having little effect on Houston-area refineries so far. That's in part because crude oil prices have fallen ...