Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Crude oil is bearish, and it’s coming nicely lower as expected by Elliott wave theory, even on the intraday basis in the past ...

Crude oil’s higher low and bullish reversal suggest a potential rebound, with resistance levels and consolidation zones ...

U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...

US crude oil supply growth is projected to slow and peak as early as this year, with lower oil prices impacting shale ...

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

China halted purchases of US crude in March as trade tensions between the two countries ramped up, casting a shadow over ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday ...

The recent counter-trend rally in crude oil prices failed to reclaim the critical 20-Day MA, a key technical indicator. Resistance around the 20-Day MA during the rally was a red flag, and the bearish ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...